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<p>[QUOTE="Joe2007, post: 1574646, member: 1262"]The dark side of owning a car collection</p><p><a href="https://www.autocar.co.uk/car-news/features/dark-side-owning-car-collection" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.autocar.co.uk/car-news/features/dark-side-owning-car-collection" rel="nofollow">https://www.autocar.co.uk/car-news/features/dark-side-owning-car-collection</a></p><p><br /></p><p>There was a good thread on another site that discussed the trend for more urban living in much smaller apartments or condos in the city center especially with millennials and subsequent generations. Living in a densely populated area puts a premium on square footage making renting a large space financially infeasible unless you have a large income or substantial assets. This makes getting younger people into collecting much more difficult.</p><p><br /></p><p>The above article is especially interesting since it goes into the challenges of owning a classic car collection, perhaps one of the most difficult to store and space hogging collectables out there. Collecting automobiles might be possible in rural areas or on the edges of cities but in a large number of more urban places it becomes a near impossibility for anyone in the middle class. Just think about residents of cities like New York City, many of them likely don't even have a garage or dedicated parking spaces for a personal driver let alone for collectable autos and self storage spaces would likely cost an arm and a leg. </p><p><br /></p><p>Your thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="Joe2007, post: 1574646, member: 1262"]The dark side of owning a car collection [URL]https://www.autocar.co.uk/car-news/features/dark-side-owning-car-collection[/URL] There was a good thread on another site that discussed the trend for more urban living in much smaller apartments or condos in the city center especially with millennials and subsequent generations. Living in a densely populated area puts a premium on square footage making renting a large space financially infeasible unless you have a large income or substantial assets. This makes getting younger people into collecting much more difficult. The above article is especially interesting since it goes into the challenges of owning a classic car collection, perhaps one of the most difficult to store and space hogging collectables out there. Collecting automobiles might be possible in rural areas or on the edges of cities but in a large number of more urban places it becomes a near impossibility for anyone in the middle class. Just think about residents of cities like New York City, many of them likely don't even have a garage or dedicated parking spaces for a personal driver let alone for collectable autos and self storage spaces would likely cost an arm and a leg. Your thoughts?[/QUOTE]
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