Re:The U.S. economy is growing and using less and less stuff...
by daxfohl on Sunday September 22, 2019 @02:04PM
(#21042837)
Yeah and it's not only that. I didn't think it through. We're not at peak stuff ownership either.
If we were, then we'd see wealthy people living in average-size houses. As is, however, wealthy still live in bigger houses, presumably buy more stuff to fill them, than those without the money to do so.
This all implies if/when average income rises, stuff ownership will continue to rise with it.
If we were, then we'd see wealthy people living in average-size houses. As is, however, wealthy still live in bigger houses, presumably buy more stuff to fill them, than those without the money to do so.
This all implies if/when average income rises, stuff ownership will continue to rise with it.