Frugalityisthenewblack
Recycles dryer sheets
- Joined
- Dec 14, 2008
- Messages
- 129
Wheels.ca – Generation Y threatens auto demand
There has been a 10% drop in the number of licenced drivers in the 20-24 age group. Now only 8 out of 10 people in that group drive---it was over 90% in the 80s. I remember the first time I had my licence at 16, what a thrill it was to have that independence! I couldn't imagine at that age...not wanting to have your driver's licence.
Of course lower wages and spiralling insurance costs make it unaffordable to many---so they choose the urban lifestyle and walk/take transit.
A car really is a discretionary thing if you have reliable public transit. It is not as convienient, true.
Right now I use my electric bike to get around town...no gas expenses and no big insurance cost. For me now a car not only is a discretionary item...but it is often a bit of a pain..trying to find parking etc.
There has been a 10% drop in the number of licenced drivers in the 20-24 age group. Now only 8 out of 10 people in that group drive---it was over 90% in the 80s. I remember the first time I had my licence at 16, what a thrill it was to have that independence! I couldn't imagine at that age...not wanting to have your driver's licence.
Of course lower wages and spiralling insurance costs make it unaffordable to many---so they choose the urban lifestyle and walk/take transit.
A car really is a discretionary thing if you have reliable public transit. It is not as convienient, true.
Right now I use my electric bike to get around town...no gas expenses and no big insurance cost. For me now a car not only is a discretionary item...but it is often a bit of a pain..trying to find parking etc.