This is seemingly changing in UK - younger generations increasingly don't own a private vehicle, due to a whole host of factors including the fact there simply isn't nearly as many affordable cars on the UK market as there was say 20 years ago, as well as the cost of fuel/insurance. It will be interesting to see if trends reverse once cheap EVs inevitably become a thing over the next decade - even entry level EVs are generally significantly more expensive than entry level gas cars used to be in the UK for the time being.
> https://assets.publishing.service.gov.uk/media/5a81dd5340f0b...