Gen Z is choosing not to drive::Less Gen Z Americans own a driver’s license than previous generations, according to consulting firm McKinsey.
Just like they’re “choosing” not to own houses either I guess
If you work hard and save up, you could live in a nice van down by the river!
The unit of measure in this article is whether or not they have a driver’s licence, not a car…I’m pretty sure even gen Zers can afford a driver’s license, if they actually wanted it. Not having a driver’s licence is very much a choice, to a much higher degree than owner a car (or house)
Sure, but why get a licence if you know you won’t have a car any time soon?
Because it’s convenient to be able to drive a car? There are lots of cases when you may borrow a car to do things. Teenagers might borrow their parents car to do errands and stuff.
I got a licence when I was 18 (legal driving age where I live) despite not owning a car or planning to anytime soon. I could still borrow my parent’s car sometimes, which was nice. This article specifically talks about teens in the 16-17 year old range, very much able to borrow a car from parents (if they have one)
In places like Finland it costs over a thousand euros to get your driver’s license. That’s less than a car obviously but not nothing either
It costs about 400K to 500K where I live to buy a house that used to be around 150K 30 years ago. Times are fucked
That’s not that bad unless that’s already adjusted for inflation. If you haven’t adjusted it already then 150k would be 310k today. Where I’m at house costs have increased 5x after adjusting for inflation.
This is after inflation has been calculated. I live in the Netherlands atm, you can look up how fucked that market is.
Hell, I’m a Millennial and it’s a no-brainer… Food or gas, emission taxes, road taxes, maintenance costs, and everything else which comes with owning a car. Including the car itself. And that’s just from an economic standpoint, I’m not even gonna go into the impact it has on the climate and how EVs are mostly just expensive and not-really-efficient pieces of jewellery still.
