I have a hard time believing this will be as big an issue as many believe. The biggest reason is generational die off. We're already seeing younger people for

I have a hard time believing this will be as big an issue as many believe. The biggest reason is generational die off. We're already seeing younger people forgoing even getting a license. Urban population growth is rendering it less valuable. The only cohort that licensing is up is boomers. 55-75 are more likely to have a license than they were a generation ago. Licensed 16 year drivers is way down. Something like half the number are licensed versus a generation ago. Some of it is "blamed" on cost of owning a car. Those that can afford it but don't buy say they just don't need it. Rides are readily available; friends, Uber/Lyft, and pub trans are enough for a lot of folks as urban density increases. I'd post references but this is easily Googled from multiple sources. And I'm on a slow mobile connection right now. Younger folks tend to see cars as noisey, smelly, expensive, and passé already. Not sure that status symbol thesis holds up