Why aren’t people buying cars?
Saturday, January 24th, 2009Here’s an interesting series of photos of unsold vehicles just sitting around.
So why aren’t cars being sold? Conventional thought is that the slowdown in the economy and the tightening of credit is largely to blame, and I’d have to agree that much of the crisis in the car industry has to do with economic conditions.
But here’s another thought: perhaps the massive re-urbanization of our societies is a much greater, underlying cause.