I don't buy it based on my own experience living around the world. I lived in Asia for a while where an apartment was the norm and public transit meant you didn't need a car (and most didn't have one).
What would the majority do if they had the money? What was their "dream lifestyle"? Buy a single family home, with it's own land and a car.
Sure, not everyone likes that lifestyle, but a hell of a lot of people do like it.
What would the majority do if they had the money? What was their "dream lifestyle"? Buy a single family home, with it's own land and a car.
Sure, not everyone likes that lifestyle, but a hell of a lot of people do like it.