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They weren't selling 70k Toyotas here adjusted for inflation. Luxury marques are doing just fine. BMW as a percent of the market share is a lot greater than the 90s. More BMWs, Mercedes, etc being sold today. Over 30 years the economy has changed though. The suburban office parks are pretty second tier real estate these days, especially the older stuff.
Student loans are a factor. IB was the place to be. Now it's crap. Who wants to work those hours for, what 90k with crappy working conditions and stress. Google, Facebook and what not start higher, better hours, better work environment, more glamorous work. Also just a difference in mindset. There's not the pretense in tech. Nobody even uses business cards anymore to alone worrying about fonts or embossing. North Face jackets are the new bespoke suit. Borrowing more than you can afford to squeeze into a used 911 so at least your in a real Porsche is like business cards, suits, and working for Lehman Brothers.
Vehicles are a lot more expensive now and America has grayed. All those luxury cars in the corporate parking lots were owned by Baby Boomers who are now scrambling to retire or simply dying off. Times change.