A Good Read: Why young people don't buy cars and apartments anymore? Nowadays, the traditional measure of success — owning an apartment and/or a car — is out of date. An increasing number of young people around the world don’t want to buy them. Research shows that the so-called millennial generation, who are now 30-35 years old, rarely buy houses and even more rarely — cars. In fact, they don’t buy super expensive things at all. In the USA, people under the age of 35 are called ’the generation of renters.’ Why does this happen? Some sociologists say it’s because modern youngsters suffer from financial crises. That’s why people are afraid of ’serious’ loans. But it’s not the most important reason. **The thing is, the current generation of young people differs from their parents’ generation. They have other values.** The youth today has **reconsidered the concept of success**, which means: * Successful people don’t buy property — they rent. * If you want to be conside