Comment by 0xB31B1B

Owning things also brings liabilities. Hit a pothole and pop a car tire -> 250 dollars down the drain. Own a house and roof starts leaking? -> 10k dollars down the drain. There are certainly a huge class of people for which owning a car or a house makes sense, but there are also a lot of people who might be able to afford a car, but when compared to the total costs of maintenance + depreciation + unexpected repairs + parking + insurance + time spent keeping it running (getting gas, finding parking, taking it to the shop), going Car less and using uber + transit + bike + rentals on weekends makes much more sense