Long-term studies of Western scientists show that the generation of "millennials", i.e. people who are now 30-35 years old are buying houses and cars less and less. In fact, they don't make super expensive purchases at all.
In America, people in their 30s and 35s are called the tenant generation. This happens for the following reason. Sociologists say that today's youth is constantly faced with financial instability in their country. Therefore, people are simply afraid to take big loans. But this is not the main reason.
And the main reason is that the current generation has completely different values than their predecessors.
Young people today look at the concept of "success" from a different angle. If earlier the success of a person was determined by material values - expensive cars, houses, yachts - today impressions - travels - are values.
Young people deliberately refuse to buy real estate, preferring to rent it. The current generation does not want stability and boring constancy. It strives for flexible hours, financial and geographic independence.
Material things are no longer of interest to the younger generation. Why have your own car when Lyft exists, which is essentially a private car with a driver. Why buy a house in a picturesque place and constantly rest only there when you can travel around the world. The very concept of things is no longer relevant to young people.
