People still dream of owning major assets such as homes and vehicles but the cost of ownership, the need to pay down rising debt and rising interest rates have created an “Attainability Gap,” according to a new study by car2go.
The survey of 1,800 people in major U.S. and Canadian cities reveals that while 66 percent of consumers hope to purchase a primary home, only 34 percent believe they can achieve their goal in the coming year — revealing an “Attainability Gap” of 32 percent.
Similarly, while 55 percent of consumers surveyed are interested in purchasing a car, just 46 percent feel that goal is attainable.
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