Life is about experiences. Whether you’ve traveled to Asia more than whether you’ve added to your house and drive a fancy car.
This is a sea change which the baby boomers resist. Oh, they’ve got all the new electronic toys, but they cling to the old ones too, because they’re afraid if they forgo them, they’ll lose their status. But young ‘uns are more about being members of the group than separating themselves therefrom. It’s who you know as opposed to what you’ve got.
Sure, there are exceptions. Fashion is burgeoning. Baby boomers wore their bell bottoms and BVDs, kids have a cornucopia of outfits, which are not only cheap, but evidence their style, which is super-important.
Could it be that the game has changed to such a degree that oldsters cannot play because they don’t understand it?
Could there be a generation gap equivalent to the one separating the boomers from their parents?
Just think about it. Snapchat is the rage and it disappears!
So instead of building that mansion you’re better off downsizing. Spending that money on trips and meals, ever notice that kids snap photos of their food as opposed to their apartments? Remember Life is about experiences.
Physical items are souvenirs. Not to be of use so much as mementos of experiences. They will not die, but they’re certainly fading in importance.