I don’t think it’s just people “younger than” you who don’t own any music anymore. Statistically, I’m pretty sure I’m older and I gave away my entire CD collection (as I had previously done with my LPs). I ripped the very few that I couldn’t find on Spotify. It just doesn’t make sense for me to keep all those plastic discs around when I can carry my entire collection and anything else I want to listen to around all the time. As for quality of sound, at my age I’m happy to hear at all.
I started getting rid of most of my 'things' a long time ago as well. Physical representations of most items seem pointless if I can get a digital version.
What I was trying to say is that while I might have a lot of ripped CDs and music on my devices it seems as if there is a growing number of people that just subscribe to services and forgo owning any music at all
