[quote=““The Last Straw””]
[/quote]
ikr.
This is really old news and scores of articles and data has been published. Many very large developers have long term plans for housing based on this research. Thank me later and you can do your research. People want big lives, not big cars. Safy was saying, social media is the new capital.
If you make wild claims, then it is your social responsibility to back them up. I’m just denouncing what you’re saying, that’s all. I don’t have to present proof or go searching for the validity of your claims. This is a basic social construct.
Bombastic claims don’t give you the moral high ground. You’re still a piece of sh!t, just like the rest of us…
Also, I’d suggest you change your name from Bobby to Dodgy cos that’s what you do, dodge logical and valid responses from people that are smarter than you…
This data can be interpreted in so many ways. For example:
- Higher living costs has led to a decline in home and car ownership in the last 2 decades.
- Vehicle owners holding on to their cars for longer. A point mentioned below the graph that YOU’VE linked, clearly stating brand loyalty as one of the reasons for a decline in new car ownership.
- The average auto loan currently is 72 months, up from 60 months just a decade ago. Which should be a cause for concern. A similar trend in the housing market caused the economy to implode back in 2008. Also, longer term loans means longer car ownership.
- In 2016, new car sales, according to this graph, was higher than 2000. Between 2015 and 2019, new car sales went down by less than 3%, which according to key indicators is absolutely normal economic behavior, affected by product lifecycle refresh, for example; C7 Corvette sales fell significantly in the last 2 years of its production because potential buyers were eyeing the C8 Corvette that replaced the C7. And we all know why new car ownership fell sharply in 2020 and 2021.
- An explosion in urban population on the east coast in the last 2 decades. And most east coast cities have above average public transportation systems in place. Despite all of this, 91.55% of households in the US are reported to having access to at least one vehicle in 2020, up from 90.82% in 2015 and this number will only go up.
The data that you should be looking at is the number of private vehicles on the road, which has been steadily increasing for the past 70 years. Since after World War 2.
What makes your Forbes article’s credibility so questionable is that the study they mentioned did not clarify what kind of data set they were using, and whether or not, the young people interviewed were living in highly populated urban cities or friggin’ rural Missouri, because that sort thing matters! You ask a teenager living in Brooklyn whether he thinks cars are a better mode of transportation than the L train, of course he would disagree with you. Whereas, if you ask a teenager living the greater Los Angeles area the same question, they’d obviously choose to have a car because Uber costs an arm & a leg and public transportation in California is terrible.
And the final nail in the coffin of your argument is Tesla, a company so overvalued, that if it imploded, it might as well take the economy with it. Between their range of 4 cars, they are worth more than the next 25 auto manufacturers combined. I wonder why is that…?
Sites like Forbes, Newsweek & NYT are victims of clickbait culture, they’ve traded ethical journalism for clicks. Also, social engineering is a very real thing.
You should stop trying to prove your point already. And Charlie Munger can suck it…
Cost of living is really high in the UK. It costs me around £80 to fill up just a 2.3 litre car. Food is expensive, clothes and basic leisure activities are now much more costly than before. I'm such a crisp fiend, I can't even eat too much of them anymore as they're nearly £3 a pack. Yes there are multipacks but i don't like all the flavours. Pringles are triple the price they used to be. On the plus side I'm eating more fruit.
In essence, Bobby1 could go fetch what Munger gets to suck. Cute. But whats up with all of you constantly demeaning and disrespecting a member clearly you all have nothing in common with, or are we just enforcing/imposing our opinions down other peoples throats just because we can. Or rules for thee but not for me?
Don’t follow the aakhri choosni’s leads, please. Moreso if the next thing you’re going to ask people is to get lost. Because if it were up to her and/or him, this place ought to be nothing but an isolated island within the arabian sea with no clean water nor no food. Only roaches to eat with a mud built cupcake thinking they just hit the jackpot. And as gross as this may sound, but that roach skin legit helps with the cupcake coloring
As for the topic, and if I may
235pkr a liter
Kawasaki Balius 250: 18-22kmpl
Yamaha Yzf600r: 12-16 kmpl
1500cc sedan: 8-9kmpl
The average has been around $5.50 in my neck of woods.
Highest I paid was $6.39 while traveling this past week.
Suspended for speeding again, twice in five years now.
Had to retake the Drivers Knowledge Test (last time I did it I was 16!)
Had to take a 'Driver Education Course', another waste of money and time
Now I either accept a 3-month suspension or take a '12-month good behavior' period and be still able to drive, but if I get 2 or more points in this period, I get suspended for six months!
Not worth it...…the good behavior period, not speeding.