Plain and simple..........the result of less home ownership, and an aging automobile fleet is due to a poor middle class economy.

I think there are economic reasons, plus the cost of new vehicles can be crazy. On the plus side, the quality of vehicles seems much improved from 20 and 30 years ago, and cars last longer.

This is why rent is skyrocketing.

Before we get all stressed out' date=' I read an interesting article the other day about WHY people are choosing not to buy, but rent instead, an the reasons had nothing to do with being able to afford it. I'll see if I can find it, but the reasons mirrored my current reasoning.[/quote']

 

Uncertainty in the job markets and economy. I feel terrible for those renting till they die. It comes down to food or medicine for many seniors, especially renters.