Is Love Affair With The Car Dimming Among The Young?
| By Paul Nussbaum, The Philadelphia Inquirer |
Or just less torrid?
Some key indicators -- such as vehicle use, driver's license registration, and public-transit ridership -- suggest that the 100-year-old
Economics, urbanization, technology, and environmental concerns are changing the way Americans travel, and young people are leading the shift, transportation experts say.
Young people are getting driver's licenses later or not at all. They take the train or bus or bike to work, or telecommute. If they need a car, they can rent one by the hour.
"It's so much easier to get around the city without a car," said
"You don't have to pay for gas or insurance or the car," he said.
"I really never had a real need for it," said
Many of her classmates from urban areas were also without licenses, while students from the Midwest "were always very surprised that I didn't have it, because they wouldn't have had a choice," she said.
Although some decline in vehicle use and ownership may be a result of the recession that began in 2008, several important indicators began to decline earlier and may not be reversed by an improving economy.
The declines before 2008 "make me believe something else is going on," said
In a recent paper, "Has Motorization in the U.S. Peaked?," Sivak noted that vehicles per person, per driver, and per household all peaked in 2006, before the recession began.
Sivak suggested that "societal changes that influence the need for vehicles" may be prompting the decline.
The vehicle miles traveled per person have dropped eight years in a row. They are now about 7.5 percent below their 2004 peak.
And the drop-off in driver's licenses began even earlier.
In 2010, 69.5 percent of 19-year-olds had a driver's license. That was down from 75.5 percent in 2008 and 87.3 percent in 1983.
Smaller declines in licenses have also occurred in all other age groups, except those over 70 and those between 25 and 29,
Meanwhile, public transportation use has been rising -- in the
To cross the
Buses, trains, subways, and trolleys carried 10.56 billion riders in
"There's a generational trend going on that's very real," said
High gas prices and traffic congestion have also helped boost public-transit use, Guzzetti said.
APTA calculates
Sivak suggested four key factors in the shift from cars:
Economics: It's more difficult to afford the costs of buying, insuring, and maintaining a car.
The Internet: People can interact, shop, and be entertained without driving somewhere.
Urbanization: Young people and empty nesters are moving to cities where they don't have to own a car.
The environment: Young people are more environmentally conscious than their elders, interested in burning less gasoline.
"There may be a trend here, but it is clearly being overstated," said
"Consumers have been balancing economic uncertainty with family and/or personal transportation needs," she said. "We don't believe this downward trend is the 'new normal,' rather an artifact of the poor economy over the last five to six years."
Vehicle sales have rebounded since the recession, she said. After peaking at 17.8 million in 2000, sales of light-duty vehicles (cars, pickups, SUVs, and minivans) fell to 10.6 million in 2009 before recovering to 14.8 million in 2012.
Robinson noted that the number of licensed drivers has been increasing in
She also said: "People have been forming families a bit later in life, but many eventually find their way to the suburbs, where they still need cars."
Any shift in vehicle ownership and driving habits may require a change in the way Americans pay for their transportation.
Currently, most road and bridge construction and public-transit projects are funded by gasoline taxes. But as people drive less, vehicles become more fuel efficient, and inflation reduces the purchasing power of the taxes, gas-tax revenues are falling short.
In 2008, for the first time, the federal
The raids on the general fund have continued: Last year,
States also are struggling to meet their transportation costs without significant gas-tax increases.
In
Contact
___
(c)2013 The Philadelphia Inquirer
Visit The Philadelphia Inquirer at www.philly.com
Distributed by MCT Information Services
| Source: | McClatchy-Tribune Information Services |
| Wordcount: | 1087 |


NJ flood victims face difficult buyout decision
Advisor News
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
- Embracing a family-centric approach to financial planning
- Family communication: Financial planning’s growing blind spot
More Advisor NewsAnnuity News
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity NewsHealth/Employee Benefits News
- AG Clark sues over effort to undermine Affordable Care Act protections
- Trump administration finalizes restrictions on Medicaid and CHIP funding for youth gender-affirming care
- Drugmakers, health insurers battle over coupons for high-cost medicine
- Idaho lawmakers look into a hospital insurance dispute
- Manatee County man faces felony charge after $34k disability fraud, deputies say
More Health/Employee Benefits NewsLife Insurance News
- Insurers, rating firms push back on NAIC credit rating oversight plan
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Symetra Named to PEOPLE® Companies That Care™ List for Second Consecutive Year
- LIMRA: Individual life sales continue growth trend in Q2, led by whole life and VUL
- New York Life Awards 20 Golden Futures Scholarships, Expanding Student Support Through Financial Education and Career Development
More Life Insurance News