Why young people don't buy cars and apartments anymore

 

 

An increasing number of young people around the world don’t want to buy them. Some sociologists say it’s because modern youngsters suffer from financial crises. That’s why people are afraid of ’serious’ loans.
But it’s not the most important reason. The thing is, the current generation of young people differs from their parents’ generation. They have other values.
The youth today has reconsidered the concept of success, which means:

• Successful people don’t buy property — they rent.
• If you want to be considered successful, invest in experiences: travel, do extreme sports, build startups

The point is that people now don’t want prosperity and stability — all they want is flexible schedules and financial and geographical independence.

 Here are some points of view of young generation:

·        Buying things makes us worry

·        Every purchase will go down in price over time

·        People have no interest in material things

·        The concept of ownership is no longer relevant

·        Experiences help us make friends

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