And these days, the Generation Y’ers use skateboards, bikes and public transportation more often as a means of travel. So this could also lend itself to the reasons why they are not purchasing cars.
The reason that they are not purchasing cars is the very fact that you can’t afford to buy one while flipping burgers or while staying home playing games on the game program unit.
Living at home with mom and mom (or dad and dad) and holding a minimal productive job (if any) prevents one from actually entering the real world of work...thus prevention of reaping the rewards of responsibility and money.
Just wait until the next generation transitions to bicycles because none of the millennials can afford a car! They’ll live in caves and under overpasses and eat grass. They’ll be eco-friendly, hip and super-trendy and HuffPost, Salon and the rest of the slavery advocates will be right there to congratulate them.