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Channel: Comments on: The elephant in the room: a familiar tale of traffic decline
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By: TimR

Anecdotally, talking to family ‘back there’ it’s got a lot to do with the price of fuel. Anyone who can access an alternative does so. The weird converse is that car ownership was still growing in the...

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By: TimR

Yup. Seems pretty clear to me. You know it’s bad when the Herald actually knocks a property investment… http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10852805

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By: KBilly

The elephant in the room here is called ‘the global financial crisis’. Good try.

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By: Patrick Reynolds

Check the dates: the downturn in driving precedes the the GFC. There seems to be something else at work here as well. Certainly it aligns well with petrol price rises, as it does in other OECD...

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By: KBilly

I checked the NZ graph and it matches perfectly.

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By: Kent Lundberg

‘The Most Depressing Slide I’ve Ever Created’ http://www.businessinsider.com/matt-kings-most-depressing-slide-ever-2012-12

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By: Patrick Reynolds

Where’s the link? Evidence is good on this site.

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By: KBilly

It’s right up there at the top.

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By: Kent Lundberg

The GFC started in 1990?

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By: KBilly

The NZ graph doesn’t even start at 1990, so not sure what you’re looking at.

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