This infrastructure creates prosperity.
The average car costs $12,544 annually—fuel, insurance, maintenance, depreciation, financing, and parking—most of which leaves the community.
For every 15,000 vehicles a city reduces its rate of ownership, $127 million remains in the local economy each year.
The average car costs $12,544 annually—fuel, insurance, maintenance, depreciation, financing, and parking—most of which leaves the community.
For every 15,000 vehicles a city reduces its rate of ownership, $127 million remains in the local economy each year.
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The latter: https://bsky.app/profile/markabraham.bsky.social/post/3lf5vczsm7c2r
https://bsky.app/profile/markabraham.bsky.social/post/3lf5vczsm7c2r
But it doesn't, & motor vehicle crashes cost the American economy $417 bn annually, according to NHTSA (£41 bn/y for the UK).
The crash tax no one realises they pay...
https://www.motus.com/blog/how-vehicle-crashes-impacted-businesses-in-2024/#:~:text=According%20to%20the%20Advocates%2C%20it's%20estimated%20that,(NETS)%20tallied%20up%20the%20total%20cost%20of