Quote:
Originally Posted by jayswin
I have nothing to back this up but anecdotal evidence, so I may very well be wrong, but it seems that millennials are more into monthly car payments than ever. Almost everyone I know has a new or new-ish vehicle leased or financed at $250 minimum a month, and that's before insurance, gas etc. It's almost become standard to build car payments into one's life.
And the lack of house buying is due to the lack of ability to buy houses.
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Weird. Among my circle of friends, I'd say the vast majority don't have vehicles and those that do purchased theirs used and outright.
EDIT: That said, I think that's very much a symptom of being Victoria vs. Calgary, as most of my Calgary friends do have vehicles.