> cars or housing for example, would never be where they are without credits/loans. If it were impossible to convince people to take out massive loans to buy c

> cars or housing for example, would never be where they are without credits/loans. If it were impossible to convince people to take out massive loans to buy cars and houses, the automotive and housing industry would probably have taken a different approach in order to sell their goods. Rentals might have become more popular, curbing the growth of the suburbs, affording workers higher mobility, and resulting in a smaller carbon footprint for the country as a whole. Ditto for other expensive items such as computers and smartphones. Most of us don't really own our devices anyway; we exercise limited control over the device at the mercy of the manufacturer and/or carrier. It doesn't take much imagination to go one step further and say that you're just renting it for the duration of your contract. I don't really like this scenario, but it's a possibility.