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To: 2ndDivisionVet

In cities, use public transportation or a ride-sharing service like Uber. Why spend $10,000 a year on a vehicle? Get a vehicle as a frivolous convenience if you earn more than, say, $150,000 a year. Will consumers prefer the utility of vehicle ownership as substitution for other goods or savings at that point on their indifference curve? In other words, would it be a rational tradeoff at that income level? If so, the car market will implode. Perhaps consumers are stuck in a habit that will quickly dissolve.


14 posted on 07/12/2015 12:34:48 AM PDT by Praxeologue ( ')
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To: Praxeologue

those city folks without cars are gonna be soooooooo screwed when the zombie apocalypse hits.

;)


16 posted on 07/12/2015 12:38:23 AM PDT by TangibleDisgust ("To learn who rules over you, simply find out who you are not allowed to criticize." - Voltaire)
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To: Praxeologue

Yep, this is it. I commute in to SF on public transport because I sure as cow dung aren’t doing it it in the car.

The auto is my weekend toy.


36 posted on 07/12/2015 1:51:46 AM PDT by some tech guy (Stop trying to help, Obama)
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To: Praxeologue

Wait a second, isn’t all this carless society BS just copying the European society blueprint? And the UN and the WH do want us to go the way of Europe to be compliant with the Agenda 21 standard...so there may be a bigger picture at work here by promoting and publicizing articles like this..,


65 posted on 07/12/2015 5:11:02 AM PDT by jsanders2001
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