Is Time Up for Car Ownership?

Car ownership has always been closely connected to the middle-class suburban dream. Car ownership rates were very low in the 1920s and 1930s, due to the prohibitively high cost and the relatively low wages available to most workers in the economy at the time. Ownership of a vehicle was thus a status symbol that indicated that you had surplus disposable income, and an important need to travel distances with ease. Fast forward to today, and car ownership is still used by people to convey status and express a part of their personality. With vehicles costing less than ever (when adjusted

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