“Once rare, 7-year car loans are fast becoming the norm. They’re often the only way buyers can afford new rides, with average sale prices surging 28% in 5 years to approach $50k.” Designed-in car dependency, surging car prices, longer loan periods with more interest. Sound like “freedom” to you? https://www.seattletimes.com/business/cars-are-so-expensive-that-buyers-need-7-year-loans/

“Once rare, 7-year car loans are fast becoming the norm. They’re often the only way buyers can afford new rides, with average sale prices surging 28% in 5 years to approach $50k.” Designed-in car dependency, surging car prices, longer loan periods with more interest. Sound like “freedom” to you? https://www.seattletimes.com/business/cars-are-so-expensive-that-buyers-need-7-year-loans/ https://www.seattletimes.com/business/cars-are-so-expensive-that-buyers-need-7-year-loans/

NEW: “Toderian says it’s easy to be distracted by futuristic innovations like electric cars, drone delivery networks & hyperloops. ‘The real solutions are a lot less sexy and a lot more common sense… Tech won’t save us if we get the fundamentals wrong.” I was 1 of 3 urban experts asked to weigh in.

The Globe and Mail

A world without traffic? Three urban experts rethink how cities move

Gridlock is costing us billions, but bold solutions like bus-only lanes, congestion charges and flexible work hours could get cities moving again