In IASB (2016b) it is stated:

The IASB acknowledges that the change in lessee accounting (brought about by the release of IFRS 16) might have an effect on the leasing market if companies decide to buy more assets and, as a consequence, lease fewer assets.

REQUIRED
Provide a possible explanation as to why, when now required to capitalise leases, reporting entities might be more likely to buy more assets, and lease fewer assets.