Cars have probably just about peaked in affordability. Look at the price of property now compared to what it was 25 years ago.
My mortgage repayments were less than the price you'd pay for a new car now.
Look at Uber.
Pensioners and us older folks (40 plus?) Are probably ok. Cheaper housing that will be paid off. We can afford cars.
Next generation ? Will they have the spare cash for cars after paying the rent or mortgage ? I'm not so sure.
Times change. There's no way we can keep on adding cars to the roads like we have. Who knows - perhaps we might have a better country for the changes ?
I see no sign of any slowdown in the post-school, college, uni stampede to buy the latest shiny iPhone, iMac, driving lessons (followed by a car) and travel to far flung places by the younger members of our family and friendship groups - which also span a very wide demographic.
Fair play - I'd be doing the same if I was their age.
Good amusement value too - one younger member of our extended family (26 years old) will happily and unwantedly castigate all and sundry re eating meat, keeping your CH temp too high and how 'oldies' (including his parents who gave him a great start in life) have "stuffed his planet" etc...
... he recently proudly announced that his first ever company car (small petrol BMW) is due shortly - this follows on from sharing his intentions to visit Canada, Cape Town and Australia over the next 15 months or so - and he will! He also lives in a small apartment that looks like a cross between a fashion emporium and the Starship Enterprise's bridge - he is a Graphics Designer and heavy duty gamer.
Enough of this I'm off to turn the CH down by 5C and shiver and not spoil 'his' planet any more than I have to.
😂