> How the “sharing economy” allows Millennials to cope with downward mobility, and also makes them poorer. In the author's case, the cause of being poor is hig

> How the “sharing economy” allows Millennials to cope with downward mobility, and also makes them poorer. In the author's case, the cause of being poor is high expenses (student loan debt, mainly) and low income. I dislike the burden of ownership. Sharing can decrease expenses - for example, living with a roommate. Change driving habits and suddenly you're not as dependent on a car. (I do both these things BTW - the 90% of after tax income I don't spend I invest.) It seems like the author's perception of poor is "not owning her own primary residence." Perhaps that is a common perspective. But redefine wealth to mean "controlling cash flowing assets" and I can see how the sharing economy, combined with creativity and planning, actually helps in wealth-building.