How does “switching from flying to driving, further deplete the supply of rental cars”?
Maybe there are fewer cars at Location A, but those cars move to Location B (if one-way rentals). But there is no change in overall supply.
Even if cars are rented more time, that doesn’t change the supply.
This is another case of an economic illiterate author tasked with writing an economics paper.
Maybe people have to rent a car because their own broke down and the mechanic can’t get parts
Nothing new on car lots to buy
Only thing out there are overpriced used cars and >$3000 junkers