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The Millennials Who Swore Off Cars Pre-COVID Are Now Buying Them
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Rumors of the Demise of Cars Have Been Greatly Exaggerated
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One-quarter of the neighbourhood s residents are single parents, many with school-age children who are suddenly home indefinitely.
Sumaiya Hirsi, 11, worried about infecting her family after two classmates tested positive for COVID-19 at the end of March.(Jean Delisle/CBC)
Sumaiya Hirsi, 11, hasn t attended class since March 29, when her entire Grade 5 class at Sawmill Creek Elementary School was sent home after two students tested positive for COVID-19.
Hirsi, who shares a four-bedroom rowhouse on Bridle Path Drive with her mother, her aunt and four older siblings, worried about infecting her family. I had to stay upstairs until I got my test [results] back. I could have infected my mom and her daycare. My siblings all work, said Hirsi, who normally shares a bed with her mother, a child-care worker.
Used car prices 37pc above pre-COVID highs A global microchip shortage has cut the supply of new vehicles, fuelling demand for used cars as Australia’s economy recovers.
Motoring by Lachlan Moffet Gray
Premium Content
Subscriber only Used vehicle prices continued a relentless path higher in the first quarter of the year as Australia s strong economic recovery, combined with new vehicle supply constraints, pushed the cost of a preloved car 37 per cent above pre-pandemic highs. A report by Moody s Analytics senior economist Michael Brisson shows that the average price of a second hand car lifted five per cent in the three months to March - the slowest quarterly increase in the past year, but a rate of growth above any quarterly increase in the decade prior.
Used car prices 37pc above pre-COVID highs
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