Cost of auto collisions $900, cost of #freetransit $100. (per household per year)

New NHTSA Study Shows Motor Vehicle Crashes Have $871 Billion Economic and Societal Impact on U.S. Citizens | National Highway Traffic Safety Administration (NHTSA): "WASHINGTON – The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) today released a new study that underscores the high economic toll and societal impact of motor vehicle crashes in the United States. The price tag for crashes comes at a heavy burden for Americans at $871 billion in economic loss and societal harm. This includes $277 billion in economic costs – nearly $900 for each person living in the United States based on calendar year 2010 data — and $594 billion in harm from the loss of life and the pain and decreased quality of life due to injuries."

Study shows Brazil subsidizes cars over #publictransit 12 to 1

R7.COM: A cada R$ 1 investido em transporte público, governo dá R$ 12 em incentivo para carro e moto: "Estudo do Ipea atribui a essa relação de valores o aumento da frota particular no país

A cada R$ 12 gastos em incentivos ao transporte particular, o governo investe R$ 1 em transporte público. A constatação foi feita pelo Ipea (Instituto de Pesquisas Econômicas Aplicadas) no estudo sobre a mobilidade urbana no Brasil, divulgado na última quarta-feira (25). A pesquisa considera as três esferas de governo do país: municipal, estadual e federal."

Free parking is car welfare

The Weekly Nabe: "The average cost of residential space in my zip code is $892 per square foot. That means the total value of the street space that the city gives away for free is nearly $9 million. And that’s on my block alone.

comment by Eric McClure:

Based on your calculations, Keith, I worked out the monthly mortgage payment if everyone on the block had to buy a parking space rather than get one for free. Using a Toyota Prius as the average model, and allowing for a little space between cars, I calculated that there’s space for 78 cars on the block. Assuming that everyone had put down 20% for their spots, the monthly payment per spot, at a 4% interest rate, would be about $437. Seems about fair."