Last month, we wrote about the 38,501 additional cars and trucks that would be in Multnomah County right now if its residents still owned cars at the rate they did in 2007.
What does it cost to own 38,501 cars? Or more to the point, what does it not cost to not own them?
For that post, we focused on the amount of space those nonexistent cars would take up. They’d fill a parking lot almost exactly the size of the central business district, for example.
But what about the money that isn’t being spent to move, maintain, insure and replace all those cars, and can therefore be spent on other things? How much money have Portlanders collectively saved by having a city where car ownership (or ownership of one car for each adult) feels less mandatory than it used to?