Why does this happen?
Some sociologists say the current generation of young people differs from their parents’ generation. They have other values.
People have started to have no interest in material things
Why own a car if you can take a cab? It’s almost a personal car with a driver
Why buy a house in a beautiful place and go there for vacation, if you can find a place to stay through Airbnb in any corner of the planet? You don’t have to overpay for rent or buy a property in a country you love.
You don’t know how long you’ll stay where you live.
You can take on a mortgage for 40 years, or you can accept the fact that you’ll spend your whole life in a rented place.
You’ll probably change your job in the next few years.
According to Forbes, modern young people change jobs every three years on average.
The concept of ownership is no longer relevant.
Over the past decade, psychologists carried out a research proving that, in terms of happiness & a sense of well-being, spending money on new experiences is much more profitable than buying new things.
Social interaction between people is crucial to whether they feel happy or not. Talking to others and having a lot of friends makes you a happier person.
Remember that even a bad experience can become a good story. Material things cannot.
Buying things makes us #Worry
There’s one more thing.
But no one can ever take away the experiences you have.
Every purchase will go down in price over time whereas every experience will become priceless!
I don’t own a car in India since last 4 years & I can travel in any Limousine of my choice, with chauffeur & without an iota of stress regarding parking when I am not around.
Eliminating owners is the mission statement of many companies these days.