The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Yogizuna who wrote (131761)	7/2/2008 4:51:38 PM
From: Perspective	Read Replies (1) of 306849

Extensive public transit and the resulting "professional" drivers would go even farther. What would it cost to save those 40K lives and 100s of thousands of medical bills each year? Don't forget to subtract the fuel, vehicle (how many families really need multiple vehicles?), and infrastructure savings. Quality of life improvements in the form of increased free time and cleaner environment are fringe benefits. No city of any reasonable size should be without a substantial public transit system any more. The free market just can't seem to capture the savings to the system. I suspect true pay-per-mile charges for insurance and infrastructure would help, but the key is hitting a critical mass on the public system that eliminates all the existing time costs associated with public transit. Too many people think that the "cost" of driving is just the price of gasoline. Can't say I blame them, given all the ways we hide the true costs from consumers. `BC

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