As the dream of home ownership becomes further out of reach for many younger Britons, Generation Rent is facing an entirely new challenge.
For young professionals living in cities such as London, the economics of owning a car no longer make sense.
“It is getting harder and harder to own a car and it is becoming harder and harder to run,” says Andrew Smith, managing director of Sixt, the vehicle rental company.
So it’s PR blather, obviously. But more than that it’s blather anyway. Students and young professionals in London didn’t run a car there 4 decades back either. Why would you?
Sure, folk who do a real job with a toolbox, but office work? Pah, and fie.
Anyway, would interfere with the drinking too much.