It’s certainly the way manufacturers of pretty much everything want it take it. Maintain customer control and sell more stuff more often. Govts love it too for obvious reasons. Trouble is, the disposable culture is more expensive for the consumer overall and I’d suggest more harmful to the environment.
I agree, but they will do all they can to avoid wages keeping pace and the only way to do this will be to rent everything as it will all be too expensive to buy.
Buying a car these days is too big of a financial commitment, it will be well out of date tech wise by the time they've paid it off and god forbid they're driving around in something that doesn't have all the latest whizz bangs in it. A bit different from previous generations when all cars were basically the same inside, three pedals a steering wheel and a shonky radio, nobody used to care about owning one for 10+ years because the likelihood was the new one wouldn't have much else in it!