3 ms·
New York, San Francisco, Boston, Chicago, and Philadelphia are towns with the best walk-score in America. For various reasons, it is still much cheaper to live
by vishaldpatel 13y ago
New York, San Francisco, Boston, Chicago, and Philadelphia are towns with the best walk-score in America.
For various reasons, it is still much cheaper to live in the suburbs and commute into the city than to live in San Francisco. I wonder how the other walkable cities are fairing.
Perhaps when people buy homes, they tend to not buy a new car at the same time - prior to the housing crisis, many people bought lots of homes. Then the market collapsed and they lost their money, further reducing the number of new cars bought.
Oddly enough, some 2000-model-year used Hondas and Toyotas did not depreciate in value between 2010 and 2013 because the used car market heated up.
- sempergumbi 13y agoUsed Hondas and Toyotas did not depreciate 2010-2013 because the Cash-for-Clunkers débâcle reduced the supply of used cars, keeping up their price. The suggestion that destroying operational vehicles would be a net gain for the economy is an excellent illustration of the broken window fallacy. Cash-for-clunkers helped middle and upper-middle class people, including some friends of mine, who wanted to buy new cars. The cost of the program was born mostly by poor people, as is often the case.
- cpursley 13y agoDon't you just love central planning? It's always the poor that it hurts the most.