Quote:
Originally Posted by thill
Good info, and there have been a number of articles out in recent years where we see the shift in demographics even more to baby boomers:
That is an old chart. In 2013 this was announced: |
More good info. Also, one thing I meant to mention above is there is probably a HUGE increase over time in the number of multi-car families even as prices have risen. I don't have anything other than anecdotal evidence, but I can tell you from experience that when I was growing up (went to high school in the mid-70's) it was very unusual for a family in the
"average" middle class home to have more than one car. Sometimes when a kid (usually a son) turned 16, he might go out and buy a $300 used car (that's what I did).
Now nearly every "average" income family has at least two cars (Moms car and Dads car) and many others consider it normal to have one per driving member of the family. That was unheard of 30 years ago.