This article is from The Atlantic, written by Derek Thompson and Jordan Weismann. It discusses the millennial’s place in this consumerism driven worlds.
Editorial Fact Check Response
Claim1: The fact is, today’s young people simply don’t drive like their predecessors did.
Evidence1: “In 2010, adults between the ages of 21 and 34 bought just 27 percent of all new vehicles sold in America, down from the peak of 38 percent in 1985. Miles driven are down, too. Even the proportion of teenagers with a license fell, by 28 percent, between 1998 and 2008.” Another article also generates about the same kind of data and ecieskarys. Thus this is a credible source.
Claim2: Since World War II, new cars and suburban houses have powered the economy and propelled recoveries. Millennials may have lost interest in both.
Evidence2: “Half of a typical family’s spending today goes to transportation and housing, according to the latest Consumer Expenditure Survey, released by the Bureau of Labor Statistics. At the height of the housing bubble, residential construction and related activities accounted for more than a quarter of the economy in metro areas like Las Vegas and Orlando. Nation wide, new-car and new-truck purchases hovered near historic highs. But Millennials have turned against both cars and houses in dramatic and historic fashion.” This evidence also checks. This piece of evidence allows the audience that less millennials have the tendency to buy their own automobile nowadays.
Claim3: From a distance, the sharing of cars, rooms, and clothes may seem a curiosity, more hippie than revolutionary. But technology is allowing these practices to go mainstream, and that represents a big new step for consumers.
Evidence3: “The typical new car costs $30,000 and sits in a garage or parking spot for 23 hourse a day. Zipcar gives drivers access to cars they don’t have to own. Car ownership, meanwhile, has slipped down the hierarchy of status goods for many young adults.” This evidence can be ambiguious. However, in this case, it’s true that people are less likely to drive when they have easier access to cars that they don’t have to own. This evidence checks as well.