[HN Gopher] Renting a car will be a pain until at least 2022
       ___________________________________________________________________
        
       Renting a car will be a pain until at least 2022
        
       Author : prostoalex
       Score  : 136 points
       Date   : 2021-09-17 16:37 UTC (6 hours ago)
        
 (HTM) web link (www.latimes.com)
 (TXT) w3m dump (www.latimes.com)
        
       | conductr wrote:
       | They left off the part where rental companies sold off a bunch of
       | inventory in 2020 because low demand and fixed lease payments.
       | They thought they could flex up inventory when travel resumed. It
       | was a reasonable assumption at the time as I don't believe anyone
       | was talking about chip shortages back then and new cars were
       | being heavily discounted as well.
       | 
       | FWIW - I rented a car in May and paid about $2000 for 4/5 days. I
       | forget the specifics but the midsized economy class was only
       | about 10% cheaper than a luxury SUV, so I upgraded. It was in
       | Boston.
        
         | brailsafe wrote:
         | Did you personally pay that!? What made it worth it? I paid
         | about $400 for a new Rav4 recently in Canada after seeing crazy
         | prices like yours, which still seemed high.
        
       | twelve40 wrote:
       | That whole industry is so weird. This year, I've seen Hertz
       | locations with people waiting for multiple hours (!) to fill out
       | a bunch of papers forms, at least half an hour per rental of just
       | waiting on a human to write up your super-generic contract. Other
       | locations may demand weird shit like a must-have return flight
       | ticket. On the other hand, there is Turo where (once you
       | registered) the whole "typing up the contract and signing it in
       | your blood for 30 minutes" is non-existent: you just find your
       | car and open it, no humans involved, no stupid rental branches
       | with multi-hour lines. Turo is definitely not for everybody, but
       | I think they need to start to learn from each other - it is
       | possible to make the booking and pick-up process instant and save
       | a ton of time (and money).
        
       | jzymbaluk wrote:
       | I keep hearing that car rentals are expensive and terrible, but
       | it's not at all matched my experience. I just rented a car for
       | last weekend 9/10 - 9/12, and it cost me 95 dollars including
       | taxes and fees for the whole weekend. This seems like an
       | incredible deal, when car rentals are apparently so strained?
        
         | ryanianian wrote:
         | Perhaps you rented at a location that wasn't extremely popular
         | (major airports)? TFA mentions it's a pretty local problem.
        
           | jzymbaluk wrote:
           | I picked up and returned at Dulles International Airport
           | outside Washington DC, which was pretty busy. My theory was
           | that maybe the airport had an excess of rental car inventory
           | on that weekend (being the weekend after Labor Day weekend)
           | and that they were happy to get some inventory off the lot
           | even though I was picking up and returning at the same
           | weekend
        
           | TameAntelope wrote:
           | I've rented in DC, PA, and now VA and have not experienced
           | much, if any, problems so far.
        
         | mattm wrote:
         | It also depends on which company. The budget rental companies,
         | which I assume Dollar Rent a Car would fall under, are
         | notorious for doing stuff like this pre-pandemic as well.
        
         | banana_giraffe wrote:
         | It depends on the location. Orlando has plenty of reasonable
         | rates. If you want to pick up a car at Portland, however, not
         | only does a quick search suggest you're 7 or 8 weeks from any
         | availability at all, but it's twice as expensive as a last-
         | minute rental in Orlando.
         | 
         | A colleague that had to visit Seattle recently ended up renting
         | a U-Haul truck out of desperation.
        
       | jgalt212 wrote:
       | > "The area where the compact cars were was empty," he said,
       | adding that he has demanded a full refund.
       | 
       | > As a result, car rental prices jumped to an average high of
       | $120 a day this summer, compared with about $45 at the beginning
       | of the year, according to a study by the travel booking site
       | Hopper.com.
       | 
       | Maybe they need to be even higher?
        
       | AlbertCory wrote:
       | Neighbor took a vacation to Hawaii a couple months ago. The cars
       | available to rent were $250/day and up. He passed.
       | 
       | Fortunately, there's a car equivalent of AirBNB, and he was able
       | to rent an individual's car for around $80/day (I can't remember
       | the name of the service, unfortunately).
       | 
       | I guess when you're on an island, cars aren't all that fungible.
        
       | jrochkind1 wrote:
       | Does it seem to anyone else that the global economy was a lot
       | more fragile than we thought?
        
         | josephcsible wrote:
         | You wouldn't call a building fragile just because it got
         | destroyed by a thermonuclear bomb. I wouldn't call the global
         | economy fragile just because it falls apart when every
         | government at once imposes draconian lockdowns for months to
         | years.
        
           | inetknght wrote:
           | > _You wouldn 't call a building fragile just because it got
           | destroyed by a thermonuclear bomb._
           | 
           | Some very few buildings are designed to withstand (all but a
           | direct hit by) a nuclear bomb. A failure of such a building
           | would certainly exacerbate problems that arise from the
           | nuclear war.
           | 
           | Likewise, the U.S. government (and many other first-world
           | nations' governments) was _supposed_ to have been on the ball
           | for a pandemic. Unfortunately it, uhhhh, failed. And it
           | certainly exacerbated the problems that arose from the
           | pandemic.
        
         | Someone1234 wrote:
         | Aside from maybe chips and PPE, I don't really believe so. The
         | media just focuses on problematic areas, but if you consider
         | how little goods disruption there was _overall_ we fared fairly
         | well.
         | 
         | Rental companies sold off stock when demand decreased to stay
         | afloat which was rational from their perspective (and something
         | they've done before). Problem was that when they went to re-
         | purchase inventory, there was a car manufacturing bottleneck
         | caused by a chip shortage (both supply chain disruption, and
         | vehicle manufacturers voluntarily giving up their limited fab
         | slots to consumer electronics companies because they predicted
         | incorrectly a decrease in demand).
         | 
         | PS - And some seeming supply chain disruption was actually
         | caused by panic buying instead e.g. toilet paper, water
         | bottles, generators, etc.
        
           | asdff wrote:
           | Chips, PPE, skilled construction labor, resources for
           | construction, trucking, freight rail, shipping, the list goes
           | on. If you think its just chips and PPE and occasional runs
           | on toilet paper, you aren't seeing the entire picture of just
           | how jammed up the supply chain is currently and how uncertain
           | the paths forward are as critical pieces have only so much
           | slack left to stretch.
        
             | Someone1234 wrote:
             | > trucking, freight rail, shipping
             | 
             | When demand exceeds 100% of normal capacity it reflects a
             | lack of elasticity in the system rather than _fragility_.
             | 
             | I'll acknowledge the wood shortage though due to beetles
             | eating the supply and saw mills ramping down right as
             | demand was shooting up.
             | 
             | More broadly, no, I am not seeing this "critical pieces
             | have only so much slack left to stretch." Seems like
             | hyperbole without substance. What are these critical pieces
             | that are just about to fail?
        
             | ishjoh wrote:
             | Also worth noting that meat processing plants in the US
             | were temporarily shutting [1] down as well due to Covid,
             | which was causing famers to start euthanizing live stock
             | [2]. The Trump administration took action [3] to compel
             | those plants to open under the Defense Production Act,
             | although it's unclear if the executive order would have
             | withstood a legal challenge [4], it did have the desired
             | effect and farming and food processing resumed. Had the
             | government not interfered in the operation of meat
             | processing we might have much higher meat prices as well
             | not to mention we would have likely had the same issues
             | with food supply chains for raising live stock.
             | 
             | [1] - https://www.ers.usda.gov/covid-19/rural-
             | america/meatpacking-... [2] -
             | https://www.cnbc.com/2020/05/02/coronavirus-devastates-
             | agric... [3] -
             | https://www.cnn.com/2020/04/28/politics/defense-
             | production-a... [4] -
             | https://www.washingtonpost.com/outlook/2020/05/04/trump-
             | meat...
        
         | drstewart wrote:
         | Rental car prices being slightly higher due to supply shortages
         | doesn't make the economy seem fragile. In fact, if that's one
         | of the worst after effects of a global pandemic, I'd call it
         | extremely robust.
        
           | skybrian wrote:
           | It's not the worst shortage. It's a fairly high-profile
           | example, but there are a wide variety of shortages.
           | 
           | I think it's fair to say that a lot of consumers aren't much
           | affected by them. Many businesses are scrambling, though.
        
             | spookthesunset wrote:
             | > I think it's fair to say that a lot of consumers aren't
             | much affected by them.
             | 
             | Not directly but indirectly through higher prices on just
             | about everything. Plus ever had your dishwasher break? Good
             | luck getting parts... that stuff is in super short supply
             | right now and that is just one instance. Think about
             | elevators, MRI machines, you name it...
             | 
             | The supply chain runs deep.
        
               | skybrian wrote:
               | Yes, it's all hiding just under the surface. If your
               | dishwasher didn't break, you don't notice.
               | 
               | Similarly, most of the time, most people don't need a
               | rental car, but the price of car rentals suddenly becomes
               | more relevant if your car is in the shop for repairs.
        
         | spookthesunset wrote:
         | I mean we deliberately took a wrecking ball to our supply chain
         | (destroying folks livelihood along the way) for a year and a
         | half. You can't just pay people to stay home... those people
         | were doing something "essential" to somebody and they were all
         | forced to close or dramatically alter their business. All the
         | people not producing things no longer doing so is gonna have a
         | huge impact on literally everything.
         | 
         | Dunno how anybody could be surprised at the outcome; people
         | warned of exactly this happening back in March of 2020 but they
         | were harassed, mocked, shamed and yelled at.
         | 
         | The second and third order effects from the last year and a
         | half will no doubt have more of a negative public health impact
         | than covid ever did.
        
           | jrochkind1 wrote:
           | Is "we" the USA? I don't think those chips are made in the
           | USA, do you think USA work restrictions resulted in the chip
           | shortage somehow anyhow?
           | 
           | I don't totally understand why foreign chip production
           | couldn't ramp up quicker. But I don't think it's related to
           | USA "lockdown"... but maybe I'm missing it?
        
           | mrtranscendence wrote:
           | But neither the automobile shortage nor the chip shortage
           | that caused it were themselves caused by lockdown
           | restrictions. This would have happened anyway.
           | 
           | > The second and third order effects from the last year and a
           | half will no doubt have more of a negative public health
           | impact than covid ever did.
           | 
           | Really? COVID killed millions and made millions more very
           | sick. Meanwhile industrial economies are doing overall quite
           | well despite lockdowns and some labor shortages.
        
             | josephcsible wrote:
             | > But neither the automobile shortage nor the chip shortage
             | that caused it were themselves caused by lockdown
             | restrictions. This would have happened anyway.
             | 
             | What would have caused them other than the lockdowns?
        
         | foxfluff wrote:
         | Crazy GPU prices aside, I haven't really noticed any problems.
         | So maybe the global economy is fine, or the local economy here
         | isn't nearly as affected by the global economy as one would
         | think.
        
         | micromacrofoot wrote:
         | Inconveniences aside the economy seems to be doing rather well
         | despite 4.5 million people dying over the course of 18 months
         | due to a new disease.
         | 
         | I do think it has exaggerated some long-time inequities and we
         | have an opportunity to make improvements (for example, look at
         | who's net worth increased the most during the pandemic, and by
         | how much).
        
       | switch007 wrote:
       | My local Hertz in the UK has sky high prices and plenty of new
       | cars. They have no high mileage cars. They're just profiteering.
       | 
       | Enterprise raised their already high prices even higher. Their
       | fleet looks about the same as pre pandemic too.
       | 
       | Edit: and hertz aren't content with their high prices, they also
       | recently added a fake 15 minute offer expiry countdown on the
       | booking page. Absolute scumbags.
        
       | cryptoz wrote:
       | > getting denied the vehicle they reserved
       | 
       | Why do car rental companies have such a problem with this? I
       | haven't rented a car in 5 years, but I rented a bunch in the 5
       | years before that. I don't think even once I was actually able to
       | get the car I reserved, they are _always_ out. There 's even a
       | joke from the '90s in Seinfeld about this.
       | 
       | Why are car rentals so much worse than other industries with
       | reservations? Rarely would this happen at a restaurant or a
       | hotel. Only cars seem to have this problem.
        
       | supernova87a wrote:
       | Maybe someone can explain in kindergarten terms for me --
       | 
       | A root cause of this problem is that the rental car companies
       | sold off a lot of their fleets thinking that the pandemic would
       | absolutely crater demand for >1 year.
       | 
       | Am I misunderstanding? Those cars went somewhere -- they didn't
       | go into the dump. Wherever those cars went, why are they not
       | causing some cushion / surplus in a different place that relieves
       | some shortage? They got locked up in a warehouse and are
       | inaccessible? Sold off and can't be bought back?
       | 
       | Reporters in their simplistic descriptions make it sound like
       | those cars just evaporated.
        
         | gregwebs wrote:
         | The car companies did the same, but what they did was cancel
         | their slots for chip production while having little chip
         | inventory.
         | 
         | So yeah, the root is back to the car companies. The rental car
         | companies probably would have been dealing with a much smaller
         | problem from the overall car demand increase from their sell-
         | off if the car companies had maintained their production
         | capacities of their supply chains.
        
         | pandaman wrote:
         | From my understanding, a used rental is just a couple of
         | notches above the bottom of the market so people who bought
         | those replaced their beaters and sent those to the junk yard.
         | So they are not stored anywhere but are being used in place of
         | the cars that went out of the market.
        
           | rajup wrote:
           | From the article, rental companies would not keep cars beyond
           | 40-50k miles, hardly a couple of notches above bottom.
        
           | davchana wrote:
           | Most of the rental cars come in as brand new; & usually gets
           | sold between 3 years or 36000 miles. Any car at that stage is
           | certainly not a beater. A beater (with regular usage) will be
           | something like 10+ years old and or 200,000 miles or over.
           | 
           | See the cars at enterprisecarsales.com , where most of the
           | cars are Enterprise Rentals.
        
             | flavius29663 wrote:
             | I don't get it. If the article is true, then we shouldn't
             | see any cars for sale by enterprise or hertz. What am I
             | missing?
        
               | davchana wrote:
               | I have not read the article, but enterprisecarsales.com
               | has about 7000 cars for sale; no filter, nationwide.
               | Doesn't look like a big number; but car rental companies
               | sold a ton of their fleet on the onset of covid too.
               | 
               | The cars with extensive damage or accidents, any bad mark
               | on carfax goes to wholesale auctions. These are just the
               | ones near end of mileage or age warranty.
               | 
               | The news, the hype, & the reality too contributed to the
               | car sales. I am not in market, but still I see now the
               | 2/3 year used car prices almost very near to their new
               | counterpart, even on enterprise, compared to dealer
               | websites for new cars.
        
             | thomaslord wrote:
             | Some people may not consider it a beater, but rental cars
             | get treated like absolute crap (regular gas even if they
             | should get premium, traditional oil vs synthetic, renters
             | beat them up because they don't care). If I were choosing
             | between a rental car at 36,000 miles or a non-rental at
             | 46,000 miles, I'd assume the non-rental would give me fewer
             | problems in the short term and probably make it to a higher
             | mileage in the end.
             | 
             | Still better than the proverbial $500 Civic with 250,000
             | miles, 7 owners, and 3 accidents, but not great vehicles to
             | own by any stretch of the imagination.
        
               | HeyLaughingBoy wrote:
               | Why would the renter be changing the oil?
        
               | davchana wrote:
               | This, rental car is a car driven roughly, in mud, in
               | rocks, with rash driving, rarely serviced or poorly
               | serviced, poorly driven, in potholes, or quick
               | acceleration or quick braking can not be further than
               | truth
               | 
               | How many times one rents a car for personal use v/s on
               | official use or business use? Business use is way higher
               | than personal use. Most of the people who rent it for
               | business use, are reporting to their boss or some kind of
               | supervisor; & if they thrash car, car company
               | reports/charges damages, it will come back to the person
               | who drove it. So, no, a majority of renters don't beat
               | cars because they still will be on hook for damages.
               | 
               | How many regular rentals need premium? None. Only exotic
               | rentals might. Most of the rentals are run of the mill
               | Toyota,Hyundai, Mitsubishi, mid size or mid range; the
               | cars which are most of the time good for everyone. None
               | of them needs premium. Although, this fuel thing exists.
               | When I used to rent, I used to buy the cheapest fuel at
               | any cheapest station. Now in own car,I go by only Shell
               | Regular.
               | 
               | Rental are new, & new cars are covered bumper to bumper
               | for about 36000, transmission till 60,000.
               | 
               | Yes, rental gets different drivers, but so do to some
               | degree of non rental (family, friends, not common but
               | still not zero).
               | 
               | So, as stated above,a 36,000 miles in a rental is not
               | much different than same in a non rental.
               | 
               | In my opinion; there is a similar set of drivers who dont
               | care for their own car, & almost most of them will not
               | care for rental or friendly loaned too. People race their
               | own cars, people floor their own cars.
               | 
               | My personal experience; my used car came with all shop
               | visit records; verifiable, from Ford's system. Yes, it
               | had about 4000 miles more than projected 7 years 150,000
               | miles on projected line, but that gap is getting less
               | everyday with my moderate use (1000miles a month).
               | 
               | Rentals are beaten is a personal opinion. Any car can
               | come out beaten. People who beat cars don't care if they
               | rent it or own it. But beating a rental car might bite
               | back quickly instead of beating one's own car.
        
               | pandaman wrote:
               | I think you read "beaten" literally. Nobody is saying
               | people bounce off other cars and grind railings in the
               | rentals. It's just rentals get more abuse: no break-in,
               | often loaded with multiple people and luggage, door
               | slammed, left under sun, small issues are not taken care
               | off and develop etc. Not to mention they are already the
               | special trims with all kinds of price cutting done from
               | the factory.
        
               | HeyLaughingBoy wrote:
               | Other than the "no break-in" all of that is perfectly
               | normal car usage.
        
               | pandaman wrote:
               | Exactly, you won't be changed for any damage doing this
               | to a rental (nor you will be changed for not following
               | the break in procedure).
        
               | davchana wrote:
               | Respectfully, this was in original comment:
               | 
               | > renters beat them up because they don't care
               | 
               | &
               | 
               | > beaters and sent those to the junk yard.
               | 
               | Still, all of the above also gets applied to owned cars
               | too. People use cars for multiple people; people slam
               | doors, majority of personal cars have no garage, small
               | issues and negligence.
               | 
               | Newer cars (rentals or not) have factory warranty, where
               | service center takes care of minor issues without even
               | asking.
               | 
               | I respect your opinion that rentals are bad than owned
               | cars, other things like mileage same; but my opinion &
               | experience is, people will be bad drivers, be it their
               | own car or rental; & even bad drivers will be a bit more
               | careful with a rental because chances of them paying for
               | it immediately financially is more than paying for
               | damages to their own car.
        
               | pandaman wrote:
               | You quoted my comment that people replaced beaters they
               | had with the rentals they bought, I figure you read it as
               | the rentals are also beaters? That was not my meaning, if
               | I thought it's an ambiguous statement I'd try to phrase
               | it differently.
        
               | davchana wrote:
               | :-) oh ok. In the I would add my personal experience
               | (might not be the majority of people who buy rental), I
               | bought a rental from Enterprise because of no haggle
               | price, factory warranty, low age, highest possible trim &
               | about 10% cheaper than used car dealerships where I had
               | to play & dance the negotiation dance; all this just pre
               | covid.
               | 
               | I was an Enterprise rental customer for about 7 years
               | before that, renting a car about 2-3 times, not
               | preplanned; & decision based on rental cost &
               | availability, flexible dates.
        
               | pandaman wrote:
               | What do you mean by "highest possible trim"? You know
               | that rentals are special low cost trim and it's possible
               | to get a much better trim when buying a car made for
               | retail sales, right?
        
               | mynameishere wrote:
               | _rental cars get treated like absolute crap_
               | 
               | This is the conventional wisdom, but is it actually true?
               | Anytime I've rented a car, I've handled it like a virgin
               | princess because I know any scuff is coming out of my
               | hide. My own car, hell, rub it up against the concrete
               | barrier for all I care. That is a vehicle I would not
               | want to buy on the used market.
        
           | AnimalMuppet wrote:
           | Hardly "just a couple of notches above the bottom of the
           | market". They tend to be rather new, high mileage for their
           | age but not high mileage in the grand scheme of things, and
           | maintained by professionals. They're just a couple of notches
           | below brand new.
        
             | chucksta wrote:
             | For desirability they are definitely near the bottom of the
             | market. Even if they have a meticulous maintenance
             | schedule, it was almost certainly driven harder.
             | 
             | And a in 1:1 private to rental car sale, the rental would
             | be cheaper almost always.
             | 
             | >A former rental may cost less money up front, but it will
             | also return less money down the road. Getting maximum
             | resale value for a used rental car is difficult, because
             | many shoppers are wary of buying former rental vehicles, so
             | much so that some states have passed laws allowing car
             | dealerships to call rental cars "program cars" in hopes of
             | avoiding the stigma. https://www.cargurus.com/Cars/articles
             | /the_pros_and_cons_of_...
        
               | bityard wrote:
               | I can see there being one or two downsides to buying a
               | rental car, but "driven harder" is a weird one to me.
               | 
               | First, almost all renters avoid abusing a rental car
               | because they don't want to get charged for any damage.
               | (Maybe the exception would be a sports car.)
               | 
               | Second, I mean, unless they took it out to the track and
               | spent a day going laps with it, cars these days are
               | basically built to easily handle any kind of driving
               | behavior you can get away with on public roads.
               | 
               | What really kills cars are accidents and lack of
               | maintenance. Neither are hard for a trained mechanic to
               | detect.
        
               | josephcsible wrote:
               | > First, almost all renters avoid abusing a rental car
               | because they don't want to get charged for any damage.
               | 
               | What about constantly redlining the engine? That will put
               | a disproportionate amount of wear on the engine for the
               | miles driven, but won't cause any immediately-visible
               | damage.
        
               | davchana wrote:
               | Redlining while in Drive in automatic transmission means
               | driver is driving over the speed limit or doing rash
               | driving; which millions of car owners too do that.
               | Although in both cases it never near red line in
               | automatic transmission cars.
               | 
               | Redlining while parked or neutral is absurd. Who will
               | rent car just to rev it up. & For how much time? Few
               | minutes? Hours? People will be looking at this person who
               | is redlining a car since last few hours.
        
               | [deleted]
        
               | HeyLaughingBoy wrote:
               | I've never known a single person to do this. I hear it
               | mentioned a lot, but no one ever knows anyone directly
               | who's done it. Always "my cousin's ex's brother in law
               | did it once."
        
               | Hallucinaut wrote:
               | Guys in our area of London every summer would routinely
               | rent reasonably upmarket cars, new BMWs, Mercs, etc. for
               | a few weeks and not just use them to accelerate hard
               | around the roads (though they did) but sit there, out of
               | gear and just floor it for dozens of seconds at a time.
               | 
               | I personally do drive rentals to the max safe performance
               | they will give me, which is more like what the
               | description was about, in any case.
        
             | pandaman wrote:
             | Might be my luck then as all rentals I have rented did not
             | look like they had been maintained at all, least by
             | professionals (in car maintenance).
        
         | asdff wrote:
         | They sold them at a steep discount on the open market and
         | presumably consumers desperate for a car at a good deal scooped
         | them up.
         | 
         | https://www.usatoday.com/story/money/cars/2020/06/19/hertz-e...
        
         | zdragnar wrote:
         | Supply of cars, both new and used, is severely constrained, and
         | the sell off from rental companies didn't make a dent in that.
         | 
         | Right now, I know of dealerships that are selling new cars for
         | ABOVE MSRP. I have gotten a half dozen offers from my local
         | dealership to buy back the used truck they sold me for more
         | than they had sold it to me for.
        
           | dawnerd wrote:
           | I made money on my model 3 from just a year ownership. It's
           | wild.
        
             | AnimalMuppet wrote:
             | Wild indeed, and unsustainable. There's going to be a
             | correction.
             | 
             | What will the correction look like? It almost has to look
             | like the price of cars crashing, doesn't it? It will start
             | with new cars being overproduced, dropping in price, then
             | used cars dropping.
             | 
             | 2023 might be a good time to buy a car, if you can hold on
             | until then...
        
               | dawnerd wrote:
               | Same with the housing market. I cashed in this last month
               | on my house and just going to wait out a correction.
               | Totally not sustainable.
        
         | HWR_14 wrote:
         | > Am I misunderstanding?
         | 
         | Cars disappear over time (they age, get in accidents, etc.) Due
         | to production issues, the replacement construction of cars has
         | dropped dramatically. The rental companies decided to get rid
         | of their buffer with the expectation they would not be used
         | during the pandemic. (Plus, rental companies age out cars
         | naturally)
         | 
         | However, given the limited new cars, they have not rebuilt
         | their fleet as fast as possible.
        
       | ChuckMcM wrote:
       | As a systems guy, I find this situation quite interesting in the
       | way in which it exposed interlocks in the car rental pipeline
       | that were previously not visible.
       | 
       | What I hadn't appreciated was that Car Rental companies had
       | constructed a model where they bought new cars, rented them for a
       | couple of years, and then resold them. The car would depreciate
       | of course but as a bulk car buyer they got the cars at a discount
       | on dealer cost because, well they bought more than the average
       | dealer did. So when they depreciated they didn't lose as much
       | value as you and I might experience if we bought a car, held it
       | for two years, and resold it to a dealer (worst case) or another
       | buyer (best case).
       | 
       | So the rental agency simply tracked how much the car would "lose"
       | in value over its working lifetime, plus the cost of needed
       | maintenance (generally relatively low), and offset that with
       | income of renting it out. So the math was something like (making
       | up numbers here) $5,000 of depreciation loss against say 400
       | rental days at $50/day or $20,000 of rental income. Say $1000 for
       | maintenance during those 2 years and you've got $14,000 of "gross
       | income" into the company, per car to pay employees and operating
       | costs etc.
       | 
       | Now this makes sense and it is a fine business model, but an
       | interesting quirk is that revenue is directly proportional to the
       | number of 'working' cars you have out there bringing in the
       | bucks. More cars, more income. And if you buy the car on _credit_
       | there is an interest expense sure but you don 't use up working
       | capital to bulk up your fleet and boost your income.
       | 
       | As a result, car rental companies were carrying a _HUGE_ amount
       | of debt pre-pandemic which was all in car investments.
       | 
       | Then BOOM, the black swan of a pandemic hit and air travel
       | _stopped_ for all intents and purposes and now rental car
       | companies are sitting on fleets of cars where they have to make
       | the monthly payment on the debt but those cars aren 't earning
       | any income. This burns money in a hurry! So they did the only
       | thing they could do, and _sold off their fleets_ for the most
       | part so that they could retire all that debt. Some, like Hertz,
       | were already in Chapter 11 bankruptcy when they did that. Late
       | 2020 was an _excellent_ time to buy a car from one of the rental
       | companies because they were really motivated to get them off
       | their balance sheets.
       | 
       | And this then is the fun part. So the pandemic also put a huge
       | blip in the supply chain. And since _every single_ car company
       | had switched to  "just in time" manufacturing where they don't
       | stock parts to make cars, they expect a smooth flow of those
       | parts from the supply chain to feed their assembly lines, had to
       | stop making cars. They had no parts. What is more, the humans in
       | the pipeline like truck drivers, container crane operators,
       | container ship crews, freight forwarding staff, Etc. were
       | quarantining or not working because of the pandemic risk and
       | those are jobs you cannot do "remotely" no matter how much you
       | might want to. So the supply of new cars dried up, and won't
       | untwist until the entire chain is back up and running at capacity
       | again.
       | 
       | So now the pandemic is "less scary" because smart people have
       | vaccinated themselves and they start traveling again. And those
       | people want to rent cars. Which is great for rental car
       | companies, except _they cannot rebuild their fleets because there
       | aren 't any cars to buy._
       | 
       | And this adds the second fun twist, if you bought a car new in
       | 2019 (as I did), and it is the kind of car rental companies might
       | rent (which mine is), you get letters from the dealer in 2021
       | offering to buy it back from you for more than you paid for it!
       | 
       | What is more, when you see all those cars that are going to be
       | 'totalled' by the insurance company because they were under water
       | in the southern part of the US or on the east coast, those cars
       | used to be sold for pennies on the dollar in "salvage sales" in
       | which salvage dealers would recover parts and/or do enough
       | repairs to resell them with a salvage title. The bidding for
       | those cars is _much more intense_ given the demand by rental car
       | companies for stock, any stock, to boost their fleets.
       | 
       | It is a remarkable example of a system where the parts are
       | interconnected in non-obvious ways that has a non-intuitive
       | response to shocks to the system. As with most "emergent" systems
       | like this one though, sending a shock through it does two things;
       | it illuminates these previously unseen inter dependencies, and it
       | tends to kill off weak players.
        
         | sremani wrote:
         | >> Then BOOM, the black swan of a pandemic hit
         | 
         | A pandemic is not a black swan. Just like Earth quakes are not
         | black swans. There is a Center for Disease Control for fighting
         | pandemics.
         | 
         | We built fragile but efficient (for profit optimization)
         | systems that had a good run. People plan for and about
         | pandemics or at least pretended to, when needed grants.
         | 
         | edit: Black Swans are very very low probable events. Pandemics
         | have been around in human history enough times.
         | 
         | edit2: Here is Taleb on cnbc...pandemic and blackswan.
         | 
         | https://www.youtube.com/watch?v=Tb2pXXUSzmI
        
           | tito wrote:
           | An interesting thing here from a biological standpoint is the
           | assumption that a global pandemic is akin to a "100 year
           | flood". Our understanding of climate suggests 100 year floods
           | will be more commonplace -- will 100 year pandemics be as
           | well?
        
             | Ekaros wrote:
             | I actually surprised we haven't had any big ones other than
             | this in lets say past 50 years. It's clear that world is
             | much more interconnected than ever before so pandemics
             | should also be more common. But I wouldn't really even
             | consider this one so big. Multiple percentage of global
             | population hasn't died...
        
           | ajford wrote:
           | I think the black swan event is less of the pandemic itself
           | and more of how it played out. If actions were taken and the
           | pandemic was halted early, there would be less impact. At
           | least speaking of the US.
           | 
           | The pandemic has gone on for far longer than it really needed
           | to due to the politicization of safety measures. Several
           | countries were able to nearly beat back the pandemic rather
           | early, but the US is currently sitting in a third or fourth
           | wave due to asinine behaviors of a few state governments.
           | 
           | Yes, a pandemic itself isn't black swan, but just how badly
           | this was fumbled sure seems like it is (at least I damn well
           | hope the next one isn't so badly managed).
        
             | josephcsible wrote:
             | Are there any countries that don't have any COVID
             | restrictions other than international travel? Did every
             | country in the world fumble it?
        
               | dundarious wrote:
               | After initial severe restrictions, yes. No.
        
               | josephcsible wrote:
               | Which countries are those?
        
               | dundarious wrote:
               | New Zealand is an example. Auckland has an outbreak right
               | now and has relatively severe restrictions again, but the
               | rest of the country has very few restrictions beyond mask
               | use. My life would have been impacted far less had I been
               | in Auckland instead of a big city in the US.
        
               | josephcsible wrote:
               | You made my point for me. Even New Zealand, the one
               | country everyone likes to point to as having beat COVID,
               | has lockdowns today.
        
               | dundarious wrote:
               | Sure and in my opinion it's a better system for me
               | personally and if I had an in-person business my balance
               | sheet would prefer it too. All to obscure an incredibly
               | important point that their death toll has been minimal,
               | under 50 as far as I can see. USA is nearing 700,000.
        
               | ajford wrote:
               | I think New Zealand is rather famous for it's COVID
               | response and recovery. Denmark and Finland also had great
               | responses.
               | 
               | That said, I'm in the US and not well equipped to speak
               | to their responses, having not experienced them first
               | hand.
        
               | alibarber wrote:
               | Finland's was quite light touch, apart from the start
               | where bars had to shut along with schools and WFH,
               | 'lockdown' here was not in the same league as say the UK
               | or France. There never were and are not now enforceable
               | mask mandates and the more empty parts of the country
               | have been restriction free for most of the year.
               | 
               | Maybe it was luck, a sparse population or of course the
               | often repeated 'everyone always does what they're told'
               | (hmmm). Also it started off well but things have become
               | quite fragmented recently (different agencies issuing
               | rules about different things at different times, in
               | different regions, much to the dismay of anyone trying to
               | plan anything). In short, whilst interesting, there's not
               | really any useful comparison that you can make between
               | the US and Finland in my opinion.
        
             | desmosxxx wrote:
             | > at least I damn well hope the next one isn't so badly
             | managed
             | 
             | It will be, and that not being obvious is exactly the
             | problem we have today with our policies.
             | 
             | The pandemic is a worldwide phenomenon, to think it could
             | have gone any other way is incredibly naive.
             | 
             | To say the pandemic was extended by politics around safety
             | measures is missing several larger reasons covid became
             | endemic.
             | 
             | e.g. local politics is largely irrelevant when the us never
             | instituted forced quarantine for international travel.
        
               | ajford wrote:
               | The pandemic was definitely extended in the US due to
               | politics.
               | 
               | Every attempt at curtailing the spread was rolled back or
               | defeated specifically due to politics at the highest
               | levels of the US Gov't, from not implementing travel bans
               | as appropriate to blocking masking mandates, to state
               | level gov'ts re-opening economies and lifting lockdowns
               | during surges. The current hot-spots in the US are almost
               | perfectly aligned on US political boundaries.
               | 
               | Even now it continues as masking and vaccination
               | continues to be politicized with one side spreading
               | obviously unfounded FUD around the vaccine and
               | inflammatory messaging that masking children is "child
               | abuse".
        
               | lazide wrote:
               | Being 'extended' 1) assumes we know when it will be over
               | (we don't yet!), and 2) we can calculate when/if we are
               | through it, and when/if we would have been through it.
               | 
               | It would have required massive, and likely unsuccessful
               | mobilization to lock down travel (both foreign and
               | domestic) enough to actually control Covid aka New
               | Zealand. Considering the land borders and smuggling
               | problems there alone, I think it would have been
               | ultimately futile.
               | 
               | Considering how politically fragmented the country was
               | and still is even before the pandemic, trying it somewhat
               | successfully may also have kicked off a Civil war - not
               | that anyone would have tried that hard.
               | 
               | Vaccination rollouts could definitely have gone smoother,
               | and better programs to manage the rollouts would have
               | also been really nice - but given the situation above, it
               | would only have been a (short) while before Delta or
               | something like it got going anyway and started spreading.
               | 
               | Fewer would have died from COVID probably, but overall
               | deaths may have been similar (more violence during riots?
               | More shooting and civil unrest), and the fear and other
               | issues (socio political strife for instance) would still
               | have happened, just looked different probably. These
               | types of situations are brutally hard.
               | 
               | Overall, I'd give the US a solid 'C' grade. Not great,
               | not terrible.
        
             | b9a2cab5 wrote:
             | Hmm, you say that, but that's what China, Australia, and a
             | lot of other Asia-Pacific nations did. They aren't exactly
             | in better economical shape now.
        
             | sremani wrote:
             | Which Pandemic got resolved in span of 18 months, I would
             | like to know. The medieval ones took decades to burn
             | through the planet and the spanish flu took 50 million+ and
             | last more than 2 years.
             | 
             | Systems built without taking the Pandemic risk into account
             | are the issue here, Pandemic itself we know it was coming..
             | we also have movies about them.
        
               | spookthesunset wrote:
               | We also had pandemic plans that got completely tossed out
               | the window. Interestingly if you read them most say to
               | _not_ do any of what we did, including masks.
               | 
               | Also, what pandemics had multiple vaccines delivered in
               | record time? Ones that worked better than was ever hoped
               | for. Even with that, which was the end goal, society
               | seems unable to move on.
        
         | laurent92 wrote:
         | This is why everyone is afraid of major sudden changes. We know
         | that our industrial and commerce systems are nicely oiled to
         | deliver constant outputs, and people like me are afraid that
         | changing any part of it may trigger a cascade of bankruptcies
         | of companies of a certain type, which in turn could provoke a
         | famine somewhere else.
         | 
         | Imagine if all those grains stayed on their fields, it would
         | trigger both parasites to develop where those fields are,
         | corrupting entire valleys for years, while not either being
         | able to feed the people they were aimed for. Which is the food
         | equivalent of your car example.
         | 
         | If anything, the Covid proved to me that the world is much less
         | oiled and tuned for some constant economic circuits than I
         | feared. It is in fact quite reliable, if we don't mention the
         | debt we've put our children in.
        
           | philwelch wrote:
           | Early in the pandemic there was a massive potato surplus.
           | Potato farms in my state were literally giving away potatoes.
           | 
           | Unfortunately, I didn't find out about it until too late.
           | Which is unfortunate; that could have been the perfect
           | opportunity to create a baked potato delivery startup. I
           | would have called it "Tuber".
        
         | el_benhameen wrote:
         | Really fascinating analysis, thanks! Any reading or authors
         | you'd recommend for more of this kind of thing?
        
           | ChuckMcM wrote:
           | Systems analysis or business models? For the latter I always
           | find Matt Levine's column over at Bloomberg entertaining.
           | Sadly I don't have a good set of recommendations for systems
           | analysis.
        
             | wil421 wrote:
             | Second vote for Matt Levine. You can get his articles sent
             | to your email and not worry about Bloomberg's monthly
             | article limit.
             | 
             | His articles overlap heavily with top posts on HN. This
             | week he wrote about App Annie.
        
         | intrasight wrote:
         | I just sold today a Toyota Camry which I bought in 2017, and
         | got back, after consignment costs, the same amount that I had
         | paid back then.
        
         | joe_the_user wrote:
         | Wow,
         | 
         |  _What is more, when you see all those cars that are going to
         | be 'totalled' by the insurance company because they were under
         | water in the southern part of the US or on the east coast,
         | those cars used to be sold for pennies on the dollar in
         | "salvage sales" in which salvage dealers would recover parts
         | and/or do enough repairs to resell them with a salvage title.
         | The bidding for those cars is much more intense given the
         | demand by rental car companies for stock, any stock, to boost
         | their fleets._
         | 
         | Well, the thing about flood-cars is they can look and drive
         | fine but really merit being called _totalled_ - having been
         | submerged makes corrosion inevitable in a much quicker time
         | frame. All of the electrical parts will go bad in X time frame.
         | 
         | Maybe these can be kept going long enough to bring value to
         | companies but it seems like you'll have a lot more car renters
         | on the side of the road than normal.
         | 
         | "Water can ruin electronics, lubricants, and mechanical
         | systems. It may take months or years, but corrosion can find
         | its way to the car's vital electronics, including airbag
         | controllers."
         | 
         | https://www.consumerreports.org/buying-a-car/beware-the-floo...
        
           | bityard wrote:
           | I exclusively buy newer used cars and keep them forever
           | because 1) I want to suffer the pain of buying a car as
           | rarely as possible 2) I want to let someone else take the big
           | up-front depreciation hit that comes with that intoxicating
           | new car smell.
           | 
           | Every car from a dealership these days comes with a CarFax
           | and these have become mostly useless as a buying tool ever
           | since they became a car sales tool. However, they do often
           | give you some insight into where a car has been via
           | registration and title changes.
           | 
           | I keep a record of recent hurricanes and where reports of
           | flooding happened. If I'm looking at a car, the first thing I
           | want to look at is the CarFax to see if it's ever been out of
           | state so that I can cross-reference it to my
           | hurricane/flooding list. If there is any indication that the
           | car might have been in the same state at the time that a
           | flood happened, it's an immediate hard pass. Doesn't matter
           | if there's no visible evidence of being a flood car, doesn't
           | matter if the title is green. Some outfits are very good at
           | cleaning up flood cars to look close enough to normal that
           | the average joe can't tell the difference. All flood cars are
           | supposed to get a salvage title but a lot of them slip
           | through the cracks. It doesn't take a lot of searching to
           | find anecdotes from burned buyers online.
           | 
           | I have passed on several cars that looked like great deals
           | but came from flood zones and possibly passed through the
           | hands of a few unscrupulous auctions, mechanics, and dealers
           | on their way to my region.
        
             | llampx wrote:
             | It's been a hot minute since I last saw a "barely used" car
             | going for an appreciable discount over a brand new one.
             | Even today you may be able to find a better deal on a new
             | car where the dealership isn't adding a scalping fee.
             | 
             | For the reliable cars like Honda Civics and in-demand ones
             | the 1st year depreciation wasn't actually all that much
             | compared to buying it new with a good dealer discount,
             | urban legends notwithstanding.
        
               | ry4nolson wrote:
               | If GP is like me, it's related to buying used higher end
               | and/or "luxury" brand vehicles. In my experience, my
               | previous 2 vehicles were 2 and 3 years old respectively
               | and cost roughly ~60% of sticker price.
        
               | Rebelgecko wrote:
               | I imagine this is a big motivator for car companies to
               | start moving towards a CaaS model
        
               | timgebrally wrote:
               | Yeah for me when we were buying our next minivan Honda it
               | was more important that we didn't end up buying the first
               | cars in a generation refresh. The first year of a
               | generation tends to have more bugs than others. New vs
               | like-new doesn't matter for the big reliable mass
               | produced cars.
               | 
               | https://www.autolist.com/honda-odyssey/honda-odyssey-
               | generat...
        
             | hahajk wrote:
             | I haven't looked at carfax in a while, how granular is the
             | location data? I thought it just reported state, in which
             | case you simply never buy a car that has been on the south
             | or east coasts?
        
             | lotsofpulp wrote:
             | > 1) I want to suffer the pain of buying a car as rarely as
             | possible
             | 
             | It is not that bad as of 5 years ago. You can email various
             | dealerships and ask them to contact you if they are willing
             | to sell at $x. If you are more desperate, you can ask them
             | to email you their best offer. I was in and out in about 2
             | hours, just filled out forms based on what was discussed in
             | the email and browsed on my phone in the meantime.
             | 
             | You can even see the inventory online at the car brands'
             | websites. Although that may have changed in the last 18
             | months due to extreme imbalance in supply and demand.
        
             | [deleted]
        
             | throaway46546 wrote:
             | It is possible to "wash a title" by moving it through
             | different states with different salvage title
             | requirements/systems.
        
           | lazide wrote:
           | If they can keep them going a year or even two it might be
           | worth it for them in the current supply crunch - food for
           | thought. These won't be sitting in someone's garage 90% of
           | the time, they'll be on the road.
           | 
           | That said, not looking forward to having to rent a car and
           | dealing with mold or more frequent breakdowns on the side of
           | the road!
        
         | Mountain_Skies wrote:
         | >because smart people have vaccinated themselves
         | 
         | This is casual bigotry and you should refrain from it if you
         | want your opinion to be respected. If you want to see society
         | decline into violence, keep at dehumanizing and demonizing
         | people who don't have the same lived experience as you. Your
         | comment was little more that a poorly disguised shot at
         | communities of color who have good reason for vaccine
         | hesitancy. It added absolutely nothing to your post but took
         | away from societal cohesion for no benefit other than perhaps a
         | bit of bigoted smugness.
        
         | COGlory wrote:
         | Very nice analysis, thank you for posting it.
        
         | foobarian wrote:
         | This (and other supply chain examples) remind me of how TCP
         | flow control works. When going full blast it can transfer vast
         | amounts of data in a giant window, but time out one thing and
         | you get to start from zero, slowly ramping back up over several
         | seconds.
        
         | thujlife wrote:
         | implying the antivax are not smart, really?
        
         | joezydeco wrote:
         | _if you bought a car new in 2019 (as I did), and it is the kind
         | of car rental companies might rent (which mine is), you get
         | letters from the dealer in 2021 offering to buy it back from
         | you for more than you paid for it!_
         | 
         | I'm in this situation and it's getting strange if your car is
         | leased. Carvana and the like were offering me thousands more
         | than the buyout amount. Like $5,000 at one point.
         | 
         | But now the automakers and their banks are shutting off 3rd
         | party purchases, meaning the only parties that can buy the car
         | off the lease are you and the dealer. And the dealer has no car
         | on-hand to replace the one you plan to sell back, or if they do
         | they want thousands over MSRP because that's what the market is
         | bearing. So it's a wash.
        
           | jayess wrote:
           | Interesting. I just sold my off-lease car to Carmax for $6k
           | more than the buyout. When I was at Carmax, they had me call
           | BMW financial services on speakerphone because they wouldn't
           | give carmax the final payoff/lienholder information. That
           | must have been what was happening.
        
             | joezydeco wrote:
             | There are a lot of interesting anecdotes on /r/askcarsales
             | about this.
             | 
             | One consensus is that Carvana/Vroom/Shift are buying cars
             | at a loss to try and capture market share. Carmax has more
             | of a track record so they might be getting a better shake
             | like your experience. It could also be you calling
             | personally that unlocked the lien, where the other
             | companies don't work that way.
             | 
             | Some manufacturers like Volvo aren't letting you out of the
             | lease early unless you're leasing another Volvo.
        
               | bityard wrote:
               | > One consensus is that Carvana/Vroom/Shift are buying
               | cars at a loss to try and capture market share.
               | 
               | They absolutely are. Where I live, these companies are
               | (and have been before COVID) paying well above market
               | rates for newer used cars from private sellers. On the
               | flip side, all of your typical auto sales rags and sites
               | that used to have listings from private sellers and used
               | car dealerships are now mainly carvana listings.
        
               | llampx wrote:
               | Sounds like anecdotes about Zillow where they're working
               | hard to buy up all the inventory they can.
        
           | bonestamp2 wrote:
           | Even if you don't want to buy out your lease, buy it out
           | anyway and then sell the car to your dealer (or another
           | dealer). Check the numbers first of course, but you'll likely
           | pocket several thousand dollars.
        
             | joezydeco wrote:
             | In certain states you will owe the sales tax on the entire
             | residual amount. This tax is skipped when you let the
             | dealer assume the buyout. But in the past 6-12 months some
             | banks are adding massive amounts to the buyout price when
             | the owner isn't the one making the purchase.
             | 
             | When you read the fine print, the residual value only
             | applies to the owner. The bank can charge whatever it wants
             | to everyone else, or deny the purchase altogether.
        
         | WalterBright wrote:
         | A company I am familiar with that build electronic equipment
         | went with just-in-time inventory for it. When they had some
         | unexpected sales, they ran out of resistors, and had to quote
         | months of delay to the customer. Naturally, this cost them a
         | lot of sales as customers went elsewhere.
         | 
         | It got so bad that one of the engineers on his own dime stocked
         | his desk with resistors and other small parts.
         | 
         | Madness.
        
           | ChuckMcM wrote:
           | Okay, that is pretty crazy. I mean resistors aren't that big
           | after all :-). Of course when the great resistor/capacitor
           | shortage hit I looked into building a manufacturing plant in
           | the US. It would have been surprisingly affordable however I
           | was warned off by all of the environmental hate that would
           | come my way if I tried.
        
             | WalterBright wrote:
             | Yeah, stopping your assembly line due to having ordered 312
             | resistors and you needed 313 is just - plain - madness. But
             | that's what they did, and took a big hit to the bottom line
             | because of it.
             | 
             | Part of the problem stemmed from rating employees on how
             | successful they were at JIT inventory. You get what you
             | rank for, not what makes sense.
        
           | mhh__ wrote:
           | Resistors!? Unless they were particularly specialized ones,
           | the first THT resistor I picked on digikey had about 1.5
           | million in stock (and Digikey is profoundly not a
           | particularly big-boy market)
           | 
           | The lead times are absolutely horrific though. And I do worry
           | that fast PC parts (specifically GPUs) may be this price for
           | a while.
        
         | jollybean wrote:
         | This is the same reason airlines are always going bankrupt, and
         | why many pieces of the economy are quite fragile: over
         | optimization.
         | 
         | In the short run, a lot of leverage makes sense, it helps you
         | get a leg up, but if there's a Black Swan, then you're out.
         | 
         | It's a tricky thing because when a business fundamentally
         | depends on those factors and it's hard to differentiate
         | otherwise, well, it's just not fun. You're playing with fate
         | instead of 'going things better'.
         | 
         | I wish they would innovate harder and make things more
         | streamlined and easier. Renting a car is still a bit of a pain,
         | the Car2Go model was nice, but they left my county sadly.
        
         | quacked wrote:
         | I can't help but notice how weakened this entire process is as
         | a result of revolving around money. In terms of manpower and
         | expertise, none of these changes really need to happen, but
         | since everyone is chasing a buck as a matter of survival, a
         | bunch of stupid stuff occurs.
         | 
         | I don't have any brilliant solutions to bring about the
         | Roddenbury-style economy, but it is infuriating to look at a
         | scale problem you describe and trace the major causes back to
         | the money. Are the cars going to vanish if the debts aren't
         | paid for a year? Are the physical Hertz buildings going to
         | crumble if the banks aren't satisfied? No, currency changing
         | hands has nothing do with reality passively changing shape! And
         | here we are, watching people sell off rental car fleets because
         | assets will be seized unless the money changes hands in the
         | right way.
        
           | cjfd wrote:
           | I don't know man.... it actually seem rather smart to me....
           | Like the smartness of an organism trying to cope as well as
           | it can with disruptions in the environment. What would you
           | like to do it better without causing huge waste of resources?
           | I am not sure there is much I can think of....
        
           | imtringued wrote:
           | The problem you are talking about is rigidity. Contracts are
           | just promises and predictions. Reality is always different.
           | This is why we let people go bankrupt and write off their
           | debt, to add the necessary amount of flexibility to account
           | for the real world being unpredictable.
           | 
           | Following pieces of paper down to their very letter will make
           | people abandon perfectly fine businesses. A lot of profitable
           | businesses would have to shut down if they had to pay
           | extortionate interest rates.
           | 
           | Positive interest rates simply reward short term thinking.
           | Let's imagine a hypothetical scenario where interest rates
           | are 5% (don't confuse this with the federal funds rate)
           | across the board but it's only the rental car companies that
           | have been hit by covid. A bean counter would see that
           | shutting down the rental car company and using the capital
           | for something else would be a better idea than to keep the
           | rental car company. Next year everyone wants rental cars and
           | the returns increase above 5%.
           | 
           | The point is that we make decisions in the present yet most
           | of the money is going to be earned in the future. What we
           | need is patience and patience means low interest rates, as
           | close to zero as possible and maybe negative if we want 0%
           | inflation.
        
           | sideshowb wrote:
           | Money is not really the root cause though, any more than
           | tcp/ip is meaningful interpersonal communication. It's just a
           | signal.
           | 
           | They sold their fleets because other people (the buyers)
           | wanted them more, in the short term. Now they want to buy
           | because they want a fleet again. It's a time horizon problem,
           | or perhaps an uncertainty problem - how were they supposed to
           | know how long the pandemic would last? Or perhaps a premature
           | optimization problem because the business was predicated on a
           | pandemic not happening. But I don't see it as a money
           | problem, any more than a tcp/ip problem.
        
             | twistedpair wrote:
             | Isn't is more of an existential issue?
             | 
             | If you're a rental company, looking at ~$0 income for the
             | next year, and the need to pay for, maintain, and garage
             | their car fleets, then you're top priority is to shore up
             | the balance sheet and keep your corp afloat. What the car
             | buyer's market will be in 18mo is a more distant concern.
        
               | admax88qqq wrote:
               | To a point though.
               | 
               | Selling your only operating assets just because they're
               | not operating at the moment seems pretty short sighted.
               | 
               | Creditors may have forced their hand a degree, but to me
               | it feels like a factory selling their machinery because
               | demand is down this year.
               | 
               | If you're going to sell all your cars as a rental
               | company, might as well liquidate your whole company and
               | close up shop.
        
             | gary_0 wrote:
             | > It's just a signal.
             | 
             | I think quacked's point was that sometimes it's not a very
             | _good_ signaling system. Neither is TCP /IP in some cases,
             | and sometimes neither are cytokines (to use a biology
             | example). These are all evolved systems, to some degree;
             | maybe they're the best we can hope for, but we should still
             | keep an eye out for "version 2.0".
        
               | quacked wrote:
               | It's not even that I think it's realistic to expect
               | version 2.0, although I would really like that. It's more
               | that it's impossible to get many people to even admit
               | that the current system is flawed in a way that is
               | technically controllable.
               | 
               | It is insane to me that we all have to shrug and admit
               | that "well, we can't fix X problem because the money's
               | not there" over and over again, when we have all of the
               | labor hours and intellectual capital to do whatever we
               | want as a collective species organism. With the right
               | coordination, we could make every city look like a
               | Miyazaki lake town. Or Disneyland. Or an exact copy of
               | ancient Rome. We could scan every person alive every year
               | and see whether or not they've got cancer. We could clean
               | every river and every lake. We could send everyone a
               | Nintendo Switch. That whole "bullshit jobs" memo gets
               | circulated on HN all the time; how much of us could do
               | actually cool shit if we didn't have to worry about
               | paying for other people to help maintain society for us?
               | I don't know, but it sure is frustrating watching Hertz
               | sell off their fleet because their board is more worried
               | about its share price than it is about whether or not
               | Hertz, a car rental company, can rent out cars. (And I'm
               | not blaming them for it- they're deadlocked in the same
               | standoff everyone else is.)
        
               | WalterBright wrote:
               | > it sure is frustrating watching Hertz sell off their
               | fleet because their board is more worried about its share
               | price than it is about whether or not Hertz
               | 
               | More like worried about bankruptcy and going out of
               | business.
        
               | sideshowb wrote:
               | (Gp here) I for one certainly admit flaws in the system!
               | ...maybe we're splitting hairs over whether that system
               | is called money or something bigger.
               | 
               | One of my research interests is trying to make a
               | contribution to what you call version 2.0, through better
               | measures of subjective wellbeing.
        
             | lordnacho wrote:
             | I don't know, if you look at "money" as the wider financial
             | system, then maybe it is a root cause.
             | 
             | Another commentator downthread mentions the fragility vs
             | efficiency tradeoff, and that's certainly something
             | encouraged by financializing the economy. By making it
             | possible to easily switch between stocks and flows
             | (capital/income in this case pay in full / pay debt) and
             | encouraging whatever makes firms look good in the short
             | term, the financial system helps cause this kind of thing.
             | 
             | We get towers built higher but not necessarily safer.
        
               | lazide wrote:
               | The financial system is very efficient, and allows tuning
               | and scaling to an extent never before possible. That
               | allows folks to squeeze pennies or build leveraged
               | business models that previously would have not been
               | possible.
               | 
               | Which is great, when things fit the model (the stocks or
               | bonds involved pay retirees longer, make people
               | wealthier, etc), but also allow people to build much
               | higher castles of cards than they previously could have
               | before something toppled them over.
               | 
               | Panics, crashes, defaulting on debt, etc. have been
               | around as long (and probably longer) than we have
               | historical records, but wow does the modern system take
               | the cake for scale!
        
               | [deleted]
        
               | sideshowb wrote:
               | Sure, I agree having a financial system predicated on
               | growth causes a whole lotta problems. I guess I define
               | "money" more narrowly as we could use it as a component
               | in a very different system.
        
               | imtringued wrote:
               | It's a whole system of problems but it's not a hugely
               | complicated system, at least not compared to all the
               | bandaids that are necessary if you do not address the
               | problems at their root.
               | 
               | https://youtu.be/ZFRVfXeIaek
               | 
               | https://www.youtube.com/watch?v=xkQn56Dtslk
               | 
               | https://www.youtube.com/watch?v=j5l_Oeg6kMo
               | 
               | https://youtu.be/mhr4JGbozTA
        
           | exporectomy wrote:
           | Isn't the reason the shortages persits due to the chip
           | shortage caused by a few non-financial disruptions to the
           | highly concentrated chip makers, like a fire? How would
           | barter or communism or whatever isn't money fix that? By
           | being more wasteful all of the time?
           | 
           | Keep in mind this isn't really a serious problem. Cars still
           | exist, and can even still be rented, they just smell a bit.
           | That's it. Smelly cars. First world problems!
        
           | Invictus0 wrote:
           | It's not money, it's efficiency. Too much efficiency results
           | in a lack of resiliency.
        
           | mschuster91 wrote:
           | > I can't help but notice how weakened this entire process is
           | as a result of revolving around money. In terms of manpower
           | and expertise, none of these changes really need to happen,
           | but since everyone is chasing a buck as a matter of survival,
           | a bunch of stupid stuff occurs.
           | 
           | Resiliency against interruptions costs _a lot_ of money:
           | warehouses to store parts, logistics to rotate these parts,
           | paying suppliers for these parts earlier than the parts are
           | needed, waiting until you have enough cash to buy stuff
           | outright...
           | 
           | The core point is: governments, businesses and individuals
           | have historically always had these costs - but at least the
           | Western world has been enjoying a couple decades without
           | major interruptions like war on the home territory, oil
           | crises or the looming threat of the Cold War getting hot (and
           | causing interruptions as a result), which means everyone got
           | _incredibly_ complacent. After all, when there are no
           | interruptions to expect in the near term, why spend cash in
           | the near term to guard against them?
           | 
           | And so, when Corona hit, _everyone_ got hit.
           | 
           | > Are the physical Hertz buildings going to crumble if the
           | banks aren't satisfied? No, currency changing hands has
           | nothing do with reality passively changing shape!
           | 
           | The _existing_ buildings may not go crumbling, but _planned
           | /under-construction_ buildings are getting put on hold when
           | the banks' income stream vanishes and as a result of that, in
           | turn, the workers can't work, ... <insert recursive ripple
           | effects here>.
        
             | quacked wrote:
             | Right, I certainly don't disagree with your analysis, but
             | your recursive ripple effects all aren't caused by physical
             | laws, they're caused by people refusing to work because
             | they can't guarantee that other people in turn will work
             | for them, which is all that money is- a representation of a
             | guarantee in exchanged goods or services.
             | 
             | In a theoretical closed-loop 3-person model, the farmer
             | grows, the doctor treats, and the builder builds. The
             | farmer can feed the other two, the doctor can treat the
             | other two, and the builder can build for the other two, and
             | in a micro-community they don't really need to pay each
             | other. As we increase the number of people participating,
             | the likelihood that each person would choose to work
             | without being paid drops. That's why we see such
             | degradation in economically affected areas; everyone
             | _could_ just work all day cleaning up, patching up
             | buildings, etc. but they don 't, because no one's paying
             | them to do so.
             | 
             | I am not naive enough to believe that any amount of
             | propaganda or state control could fix the money problem,
             | but I am frustrated to be willing to participate in such a
             | theoretical economy with no outlet for it besides helping
             | people in whatever free time I have.
        
           | b9a2cab5 wrote:
           | > are the cars going to vanish if the debts aren't paid for a
           | year?
           | 
           | No, but the retirees who depend on the income from bonds
           | packaged from those debts will be screwed. Also, cars might
           | not vanish but they do depreciate regardless of whether money
           | exists. That's still a cost incurred by the rental company
           | even though _no money changes hands_ when it happens.
           | 
           | Ultimately the car companies were overleveraged and were
           | forced to exit before their "positions" in cars became
           | profitable. There's nothing short of the state propping you
           | up that can solve that.
           | 
           | Even the Soviet Union had money and had to deal with
           | economical realities. One of the reasons they collapsed was
           | because of increasing grain production deficits causing an
           | imbalance of trade. You can't legislate your way out of the
           | market because the market's invisible hand will always show
           | eventually, even if you can stave it off via state control of
           | everything.
        
             | quacked wrote:
             | Yeah, but the retirees depending on the income is just a
             | second-order effect that's _also_ screwed up due to money.
             | Retirees don 't depend on money changing hands, they depend
             | on crops getting grown, shelter being refurbished (or
             | built), and defense under the law. The only reason people
             | agree to do all of those actions for the retirees is that
             | money changes hands.
             | 
             | I'm not necessarily saying that I think money is a bug. It
             | might be a feature. But the "market's invisible hand"
             | relies on people being more motivated by their wealth stash
             | than their behavior. If everyone chose to keep doing the
             | same physical actions they're doing today except we stopped
             | swapping money, nothing observable in reality would change;
             | people would die at the same rate, food would be stored at
             | the same rate, etc.
             | 
             | "The economy" is in reality a giant standoff where every
             | member of the standoff would just stop maintaining society
             | unless they get paid for it. The grocer _could
             | theoretically choose to_ continue to man the store 12 hours
             | per day, and then the doctor _could theoretically choose
             | to_ treat the grocer when he gets sick, and the truck
             | driver _could theoretically choose to_ ship the medication
             | from the plant to the hospital, and the floor worker _could
             | theoretically choose to..._
        
               | WalterBright wrote:
               | > But the "market's invisible hand" relies on people
               | being more motivated by their wealth stash than their
               | behavior.
               | 
               | Nobody has found a better way, though they often try.
               | 
               | > "The economy" is in reality a giant standoff where
               | every member of the standoff would just stop maintaining
               | society unless they get paid for it.
               | 
               | That's an immutable fact of human nature. Even cradle to
               | grave propaganda doesn't change it. It's much better to
               | swim with that current than against it.
        
               | imtringued wrote:
               | Better ways have been found a long time ago in ancient
               | egypt:
               | 
               | https://en.wikipedia.org/wiki/Demurrage_%28currency%29
        
               | quacked wrote:
               | > Nobody has found a better way, though they often try.
               | 
               | This I agree with.
               | 
               | > That's an immutable fact of human nature. Even cradle
               | to grave propaganda doesn't change it.
               | 
               | This I disagree with. Past societies saw far more social
               | cohesion at points than our modern one. Especially on
               | certain smaller scales, people were more willing to
               | assist one another in the act of remaining alive without
               | being compensated financially.
               | 
               | For instance- many people now think it would be
               | unreasonable to help a friend move without some form of
               | reward (money, food, etc.) This sort of value exchange
               | for reward would be considered disrespectful in many past
               | cultures and even some present cultures. Unwillingness to
               | work without immediate reward not an immutable fact of
               | human nature.
        
               | WalterBright wrote:
               | Helping out your friends and locals now and then is also
               | normal human behavior. But it does not extend to running
               | a society that way, and never has. It is rooted in
               | building a network of mutual obligation, a common trait
               | in small communities. It's not really considered a
               | "reward" or payment.
               | 
               | > Unwillingness to work without immediate reward not an
               | immutable fact of human nature.
               | 
               | Yeah, it is, as no society has managed to make that work
               | as an organizing principle. Even the Israeli kibbutzen
               | have failed. Altruism rarely extends beyond family and
               | close friends, and even then, it isn't reliable.
        
               | bzbarsky wrote:
               | On the one hand, yes of course the economy is all about
               | specialization and then exchanging the fruits of
               | specialized production between people. This last can
               | happen via money, or barter, or a dictator (benevolent or
               | not) confiscating everything and redistributing it, or
               | some mix of the above, and maybe other methods.
               | 
               | One of the hard problems here is what to specialize in
               | and to what extent. This is a hard problem to solve even
               | in a static economy, and even harder if circumstances
               | keep changing...
               | 
               | The "standoff" description seems to assume a static
               | economy. If circumstances change, maybe we as a society
               | need a grocer for only 4 hours a day but could use an
               | extra half-shift truck driver. But how to discover that?
        
               | quacked wrote:
               | I have absolutely no idea how or even if that could be
               | discovered, which is why my original comment was more
               | about expressing frustration than offering a solution.
               | 
               | I do know that several things going on currently will
               | make it more impossible to discover: increased
               | financialization of commodities, outsourcing, destruction
               | of culture via removal of differentiating markers, etc.
               | If any society is going to discover the half-shift truck
               | driver economy, they're going to be one that is almost
               | entirely self-sustaining and committed to perpetuation of
               | itself, not one that is leveraged up to the eyeballs,
               | suffers from a total lack of manufacturing expertise
               | within its component citizens, and relies on cheap
               | foreign labor to make everything.
        
               | imtringued wrote:
               | Money itself isn't the bug. It's the ability to abuse
               | money to disconnect yourself from the real economy. How
               | easy it is to abuse money depends on how it is designed.
               | When people save money perishable goods like food are
               | sitting on the shelves waiting to be bought, then money
               | will outstay its welcome. The food is gone but the money
               | is still there.
               | 
               | "Only money that goes out of date like a newspaper, rots
               | like potatoes, rusts like iron, evaporates like ether, is
               | capable of standing the test as an instrument for the
               | exchange of potatoes, newspapers, iron and ether. For
               | such money is not preferred to goods either by the
               | purchaser or the seller. We then part with our goods for
               | money only because we need the money as a means of
               | exchange, not because we expect an advantage from
               | possession of the money. So we must make money worse as a
               | commodity if we wish to make it better as a medium of
               | exchange." -- Silvio Gesell, "The Natural Economic Order"
        
               | saltcured wrote:
               | It seems like you're focusing on a loss of money as a
               | "stick" (punishment) and saying we could ignore that and
               | just keep operating as usual. But it's also the "carrot"
               | (motivation) signalling the demand and value placed on
               | the activity by others.
               | 
               | In the end, aren't all the money and ledgers are just a
               | way to simplify the ridiculously complex trades required
               | to make modern society work? We don't want to have to
               | exchange sacks of rice and live chickens when we see the
               | doctor and he doesn't want to have to get those chickens
               | converted into barley or whatever it is the medical
               | supply company owner wants this week.
               | 
               | If you remove this signal, you don't just remove a threat
               | of stagnation. You also remove efficiency signals to
               | curtail under-valued work. Just as easily, the
               | participants could do other absurd things instead. The
               | grocer could keep performing shelf-stocking actions while
               | the shelves and back storage area are empty. The doctor
               | could decide they prefer to drive around in an empty
               | delivery truck, while the truck driver decides to sit in
               | the clinic and talk to patients about the weather. Etc.
        
             | imtringued wrote:
             | >No, but the retirees who depend on the income from bonds
             | packaged from those debts will be screwed.
             | 
             | I agree that retirees are wholly dependent on others to
             | work for them and therefore I recognize their right to save
             | for retirement. However, if your investment/savings turn
             | out to be worthless then that is on you. It's better to
             | signal these failures as soon as possible so that people
             | are aware of the risk.
             | 
             | Think about it this way. You acquire "healthcare coupons"
             | during your working age and then all the businesses
             | accepting "healthcare coupons" have shut down. The coupons
             | are worthless. Yet when you replace "healthcare coupons"
             | with money, people insist that even if there aren't enough
             | workers to work in healthcare, that money must maintain its
             | value and they should even be owed more than they saved
             | even though there is nobody to provide those services. This
             | is why inflation is a necessary evil. It tells you what's
             | really going on in the world. People will present inflation
             | as theft but the truth is that your money is losing its
             | value because it should be losing its value.
             | 
             | Just because e.g. gold is free of inflation doesn't mean
             | that there will be healthcare services waiting at the start
             | of your retirement to accept that gold. It's just pure
             | speculation.
        
         | hikerclimber1 wrote:
         | everything is subjective. especially laws.
        
       | flixic wrote:
       | It's been a long, long time since I read an LATimes article. It
       | looks like they finally allowed people from Europe to view their
       | website, after years of blocking it completely due to not willing
       | to deal with GDPR. Well done, and "finally".
        
       | rco8786 wrote:
       | I've rented 4 cars in the last year in 4 different states and
       | have had literally no problems and did not notice any major price
       | gouging. ~$150-200/day for a large SUV on all occasions, seemed
       | like plenty of stock available across companies.
        
         | dawnerd wrote:
         | That's actually quite a lot. Last suv I rented right before
         | pandemic was under 100/d.
        
       | pokoleo wrote:
       | For anyone looking to rent a car, I'd recommend using
       | autoslash.com
       | 
       | It's an aggregator that allows you to pick from the other
       | aggregators, and you don't pay until you pick up.
       | 
       | The prices are consistently within 10% of the lowest price that I
       | can find online.
       | 
       | You fill out a simple form (pickup/dropoff times/location, car
       | preference), and it emails you quotes. They don't spam me, which
       | is nice.
       | 
       | I tend to request the same quote multiple times over the weeks
       | before my trip. It'll frequently find you something for less than
       | what you initially paid for.
       | 
       | Ignore their janky UI, it's the real deal.
        
       | ojagodzinski wrote:
       | public.... transport! It is a thing outside US.
        
       | neonate wrote:
       | http://web.archive.org/web/20210917073652/https://www.latime...
       | 
       | https://archive.is/RHW1J
        
       | ghaff wrote:
       | I have admittedly not actually picked up the keys to a rental car
       | yet. Hopefully I will tomorrow.
       | 
       | However, I locked in a reservation on a car quite a few months
       | ago when the horror stories started circulating and the pricing
       | was indeed pretty bad.
       | 
       | But since then I switched that rental and made another rental and
       | the pricing strikes me as fairly normal. Not cheap and with the
       | usual outrageous taxes and fees but these are with major non-
       | discount rental car companies (albeit with a good corporate
       | discount) but not out of the realm of what I consider "normal."
        
       | vecinu wrote:
       | I had a terrible experience renting from Klass Wagen in Romania
       | this week. I think they're scamming their customers as much as
       | they can before going bankrupt.
       | 
       | I booked a SUV with my Sapphire Preferred card that has primary
       | car insurance on it but when I went to pick the car up, I had the
       | sleaziest sales experience of my life.
       | 
       | The agent tried to sell me their insurance for $70/day but I told
       | him, no I'm covered. He said due to COVID they have a new policy
       | that any scratch, dent or chip, no matter how small, will be
       | fixed and the cost deducted from my $1700 deposit.
       | 
       | I was ready to decline until he showed me the car I booked. It
       | had so many scratches, dents and damage, including coffee stains
       | on the headliner, that I gave in and took their insurance because
       | I needed to leave that day. As we were taking pictures and
       | documenting the myriad of damage, I realized I was going to be on
       | the hook for something when I returned the car. He said they cash
       | in 90% of deposits... I think that was a lie as well.
       | 
       | Lo and behold, once I took the insurance, I got "upgraded" to a
       | nicer and cleaner car.
       | 
       | After seeing other reviews, a bunch of people fell for the same
       | scam. They must be hemoraging money and have resorted to such
       | scummy practices, it was really off putting.
       | 
       | I'm going to try and do a charge back for the insurance part, I
       | felt really bad after the experience.
        
       | fy20 wrote:
       | I rented a car last month in Spain, it was a less than year old
       | Seat Ibiza. I booked a couple of weeks in advance, but prices
       | seemed no different than before the pandemic.
       | 
       | Is this just a US issue, if so, why is the US being hit so much
       | harder than elsewhere? Surely it should be the opposite, as the
       | lockdowns in the US were often much less strict than Europe.
        
         | dboreham wrote:
         | Supposedly the US rental companies assumed their business would
         | tank due to lockdowns so sold off much of their vehicle
         | inventory. Then when people turned out to travel anyway through
         | the pandemic, they tried to buy more vehicles and found they
         | were hard to get due to supply chain issues.
         | 
         | I think it depend on the specific location. Here in Bozeman the
         | airlines are complaining they can't fill planes because
         | travelers can't rent cars here so they travel somewhere else or
         | stay home. But for example LAX seems to have cars, albeit
         | higher price than before.
        
         | josh_today wrote:
         | I just booked a car in the US this week. Same prices and
         | availability as before covid
        
       | yardie wrote:
       | City-dweller here. I was on the public transport bandwagon. Then
       | summer 2020 came and I realized the buses were at limited
       | capacity, Uber and Lyft drivers were practically non-existent,
       | and the big 3 car rentals were liquidating their inventory. So I
       | bought a used car, just in time too.
       | 
       | I still hate car ownership: the parking fees, maintenance,
       | shocking price of gas, insurance, etc. It's costing me $20/day to
       | sit mostly in a garage. I was saving up for a BEV. But realized
       | air travel is out of commission and a BEV might not be practical
       | for road trip vacations, at least not right now.
        
         | nonameiguess wrote:
         | I'm not sure how much this generalizes. I'm a city dweller and
         | just gave away my car in July after basically not using it for
         | the past five years. I can still walk to all the same places,
         | they're open, the trains are still running, and I haven't had
         | any trouble getting a rideshare driver to pick me up when that
         | is needed.
         | 
         | I imagine the impact depends heavily on localized lockdown
         | measures, and they apparently aren't nearly as strong in Dallas
         | as wherever you live.
        
         | throwaway123x2 wrote:
         | I feel you. I was about to sell my car right as the pandemic
         | started but now I'm glad I didn't. Uber/Lyft quickly went out
         | of the range of using for ordinary everyday things post-
         | pandemic.
        
         | Diederich wrote:
         | > BEV might not be practical for road trip vacations, at least
         | not right now.
         | 
         | Taking a BEV on a road trip vacation is more tricky and
         | requires more planning, but it's very doable. We've taken our
         | 2017 340 mile (when new, current max range is about 327 miles)
         | Tesla on a number of moderately long road trips. It's a bit
         | slower and there are some places we could not have gone, but it
         | definitely works.
         | 
         | Keep in mind that you can charge 3-5 miles per hour on nearly
         | any standard 120 VAC outlet. With one of our trips to the
         | mountains, we ran a 100 foot extension cord from our cabin and
         | had little trouble keeping up with mileage demands.
         | 
         | More concretely, last year we moved from California to
         | Washington state, a little more than 800 miles. Since it was in
         | the middle of C19, we didn't want to stop over anywhere, so we
         | had to do the drive in one day.
         | 
         | It took us about 16 hours to drive about 820 miles, an average
         | of more than 50 miles per hour, including charge stops. 15-20
         | years ago we'd do 800 mile days in about 13 hours, or an
         | average of 61 miles per hour.
         | 
         | The Tesla supercharger network is pretty extensive, extremely
         | reliable and constantly growing. I don't have a sense of how
         | widespread/reliable the other fast charging networks are,
         | beyond various problematic stories I've come across.
         | 
         | PS: I've seen youtube videos of people doing 12-15 amp 120 VAC
         | charging (gaining 3-5 mile per hour) in Teslas using portable
         | solar panels too.
        
         | nostromo wrote:
         | Folks that support American urbanism have been set back
         | decades.
         | 
         | Smaller apartments in dense, walkable neighborhoods have been
         | pretty miserable places to live for over a year now.
         | 
         | The bargain was that you don't need a house with a yard when
         | you can have an apartment surrounded by parks, restaurants, and
         | bars; that you don't need a car when you have transit; that you
         | don't need a home office...
         | 
         | Then all of that was taken away in a heartbeat with little
         | regard to its effectiveness. Suddenly owning a house and a car
         | were critically important again. It's going to take a long time
         | for people to come back.
        
           | brailsafe wrote:
           | Meh, I disagree, except for that it would be nice to have
           | better access to a car right now. I could buy one if I had an
           | income, but I'd only do so reluctantly.
           | 
           | Living in a rainforest-like climate in Vancouver, I couldn't
           | be happier. Ya, I could use a little more space than my
           | studio. Ya, it sucked so bad when the pandemic hit, but much
           | much less so than in suburban areas. I still only walk 2 mins
           | to a bar or where I buy groceries. Transit is the same.
           | Mountains aren't far etc.. To say urbanites have been set
           | back decades is ridiculous.
           | 
           | That said, idk about living right downtown, but I've always
           | hated it anyway because it's a boring landscape with boring
           | people.
        
           | jayess wrote:
           | My husband and I bought a house precisely for this reason. We
           | had lived in downtown apartments for the past 15 years but
           | couldn't take being so cooped up anymore. I LOVE the extra
           | space and my own yard. I miss being in a high-rise, but I
           | love my house even more.
        
           | yardie wrote:
           | I don't think urbanism has been affected that much.
           | 
           | In my neck of the woods (SE Florida) urbanism didn't lose a
           | beat. Rental apartments in my neighborhood are leasing at
           | above asking. There were a few months where the city felt
           | abandoned, property values were down, and leases were
           | offering signing bonuses.
           | 
           | It's done a 180, or 360 now, city property values are
           | climbing. New construction is way up, even with the high cost
           | of labor and material, and shops and bars are working with
           | the new normal. My city has taken advantage of decreased
           | traffic to institute popular pedestrian projects that were
           | unpopular to commuters.
        
             | dv_dt wrote:
             | The opposite happened in some Southern California areas.
             | Some popular restaurant streets were closed to car traffic,
             | and the restaurants added outdoor eating spaces. This
             | happened in Santa Barbara and Ventura. It looks like the
             | areas are at least considering keeping that change even
             | post covid.
             | 
             | Anyone living near those areas had an improved walkable
             | neighborhood.
             | 
             | Also I don't think anyone living near a park lost use of
             | those parks.
        
           | spookthesunset wrote:
           | Yup. In a fit of hysteria and panic, we destroyed a decade of
           | urbanization.
           | 
           | Oh yeah, and we completely f'd over our kids. Like,
           | shamefully so.
           | 
           | History will harshly judge the people who pushed these public
           | policies.
        
             | yakz wrote:
             | There may have been blunders with the policies, but if
             | we're talking about history judging things harshly... I
             | think it's far more likely that the massive disinformation
             | campaigns, irrational and willful non-compliance with
             | reasonable safety measures, and cowardice when faced with
             | the need for vaccination that will get the brunt of it.
        
               | spookthesunset wrote:
               | So in your argument, even smart well intentioned people
               | who disagree with these public policies are spreading
               | misinformation? You are asserting that everybody who
               | disagrees is wrong and harmful to society, correct?
               | 
               | Because I don't think that such a thing promotes healthy,
               | much needed dialog. The idea that any criticism or
               | skepticism of the core tenants of the last year and a
               | half of public policy is misinformed ramblings of crazy
               | people...
        
               | AnimalMuppet wrote:
               | You are committing a logical fallacy. Claiming that there
               | have been misinformation campaigns around Covid is not
               | the same as claiming that all disagreement is
               | misinformation. Your outrage is therefore completely off
               | the mark.
        
               | yakz wrote:
               | I don't think that everyone who disagrees with the public
               | policies are spreading misinformation. I also don't think
               | that the people making the restrictive policies are
               | acting in bad faith, or without reasonable advisement, or
               | are just stupid or something like that.
        
               | lloydgrossman wrote:
               | >So in your argument, even smart well intentioned people
               | who disagree with these public policies are spreading
               | misinformation? You are asserting that everybody who
               | disagrees is wrong and harmful to society, correct?
               | 
               | Whereas you're asserting that it's impossible for smart
               | people to spread disinformation?
        
               | jerry1979 wrote:
               | I find it fairly easy to find specific bad information
               | campaigns promoted by smart people. For example, those
               | two doctors in Bakersfield California created misleading
               | arguments using bad math [0].
               | 
               | [0] https://www.dailynews.com/2020/04/28/california-
               | doctors-with...
        
               | spookthesunset wrote:
               | Meanwhile the media is full of anecdotes about kids dying
               | and people saying "I regret not taking covid seriously"
               | and stuff like that. Then you have that Dr. Ding guy on
               | Twitter spreading fear and panic. Is that not dangerous
               | misinformation?
        
             | nonameiguess wrote:
             | I guess you're talking more generally, but this specific
             | problem of car shortages is due to chip shortages. It
             | doesn't have anything to do with any public policy
             | measures. Factories may shut down briefly overseas, but the
             | enormous demand surge for other electronics is the biggest
             | culprit.
        
             | kevingadd wrote:
             | What part of it is hysteria and panic? Over 600k people
             | died in the US alone.
        
               | spookthesunset wrote:
               | That doesn't mean any of what we did helped. It could
               | have made things much, much worse.
        
               | r00fus wrote:
               | [citation needed]
               | 
               | You can see effectiveness of response based on various
               | states and regions that responded differently.
        
             | nostromo wrote:
             | I don't know if I fully subscribe to this view, but a
             | friend of mine pointed out that the age of our leadership
             | (President, Senate, Congress, Governors...) are all very
             | old. They are the ones most at risk, and that may have
             | biased their response towards harsh restrictions for people
             | at low risk.
             | 
             | As a thought experiment, what if the pandemic mostly hurt
             | 20-somethings? Would our old leaders stop everything to
             | prevent transmission of that disease? Or would young people
             | be told to suck it up? Or would they have asked
             | 20-somethings to just stay home while everyone else went
             | about their business? I'm not sure...
        
               | chrismcb wrote:
               | I would argue that our current response is what we did
               | have done if the young were more at risk. What Sweden did
               | was the more correct response to the current pandemic.
               | But I wouldn't necessarily blame the older leaders. My
               | company sent everyone home before the nation shut down,
               | and it seemed mostly because people were worried about
               | their kids
        
               | ransom1538 wrote:
               | "As a thought experiment, what if the pandemic mostly
               | hurt 20-somethings?"
               | 
               | This happened [1]. They told young people to go **
               | themselves. People had school, people went to eat, people
               | carried on with jobs, NO government checks sent out.
               | Deaths: 50 million worldwide with about 675,000 occurring
               | in the United States.
               | 
               | "Mortality was high in people younger than 5 years old,
               | 20-40 years old"
               | 
               | https://www.cdc.gov/flu/pandemic-
               | resources/1918-pandemic-h1n...
        
               | dougmwne wrote:
               | I am sure I know the answer. The old men would have asked
               | the young to die. It has happened during every war since
               | the beginning of history.
        
               | jimt1234 wrote:
               | Do you remember the initial response to AIDS? There's
               | your answer.
               | 
               | (AIDS was originally attributed to _only_ gays and
               | sexually promiscuous people. Best case, leadership simply
               | ignored it. Worst case, innocent victims were attacked
               | [read the Wikipedia article for  "Ryan Wayne White"].)
        
               | Consultant32452 wrote:
               | Fauci ran our response to AIDS too. He held back
               | treatments for years expecting a vaccine. The Dallas
               | Buyers Club is a good dramatization of what people were
               | going through.
               | 
               | There's also some clips of him warning people not to have
               | casual contact with gays (he says people with AIDS).
        
           | teakettle42 wrote:
           | Should it come back? I feel like this succinctly demonstrated
           | the innate flaws in urbanism, rather than being a novel,
           | isolated failure mode for an otherwise robust ideal of how
           | people should live.
        
             | chrischen wrote:
             | If it definitely failed then Japan definitely failed to
             | demonstrate it, with their vastly lower number of virus
             | numbers per capita (and deaths) and high urban density.
        
               | teakettle42 wrote:
               | I always struggle with Japan comparisons; it seems like
               | the variables we often want to directly compare are not
               | easily isolated from deep, fundamental differences in
               | culture, institutions, politics, and even geography.
        
             | yaomtc wrote:
             | > innate flaws in urbanism
             | 
             | Care to elaborate?
        
               | kyleblarson wrote:
               | Rampant crime, human waste on sidewalks, parks filled
               | with homeless encampments, used needles everywhere,
               | riots, looting?
        
               | teakettle42 wrote:
               | Essentially, flaws that are unique to and induced by
               | scale and consolidation.
               | 
               | Outside of the current pandemic, those problems range
               | from the rent-seeking consolidation of housing ownership
               | into very few hands, to the elimination of forms of self-
               | reliance that create healthy community -- instead
               | shifting those responsibilities to government and large
               | institutions.
               | 
               | Scale also requires more top-down centralized control and
               | regulation in order to function at all.
        
               | kfarr wrote:
               | The issues you stated could be suburban or even rural
               | issues, not just urban issues. In other words I think you
               | might be conflating the difference between an agrarian
               | economy with a modern economy with specialization, not
               | urban vs rural.
        
               | Nasrudith wrote:
               | I saw a different explanation. Cities are inheriently
               | high density and make things used enmasse as much as
               | possible and inevitably leads to more contact among
               | others. This is unfortunately also a good way for
               | pandemics to travel. The isolation highlighted how little
               | they owned spacewise.
               | 
               | Now that is a spectrum and we are all dependent on others
               | but they are at the high end. The low end is "compound in
               | the middle of the wilderness which is dependent
               | indirectly for there to be wilderness unused for them to
               | DYI everything".
               | 
               | The issue will hopefully wind up rare but there is no
               | great certainty in these matters.
        
             | pgwhalen wrote:
             | In my opinion, the marginal reduction in transmission of
             | infectious disease during a pandemic is not worth the cost
             | moving away from urbanism. Humans are meant to congregate
             | together, and city living and everything that comes with it
             | are the most efficient ways to do so.
        
               | teakettle42 wrote:
               | Humans have historically always congregated together, but
               | never at the scale of urbanism -- if historical precedent
               | is the argument here, we've almost always operated at the
               | much lower densities of rural environments.
               | 
               | City urbanism might be the most resource-efficient in
               | many ways, but animal well-being isn't measured solely in
               | terms of how efficiently we can feed and house you.
               | 
               | If it were, factory farms would be the ideal.
        
               | laurent92 wrote:
               | Humans are not humans in cities. "Who survives in NYC
               | without amphetamines", I remember from a movie when I was
               | a kid. Now I understand the sentence: With no connection
               | to the earth, city dwellers invent an idea of ecology and
               | relation to nature that is in total disconnect with
               | people in farming.
               | 
               | For my goddaughter, killing ants is the top of all evils.
               | Ecology should be able protecting cute things. For me,
               | terraforming kilometers of arable land to build her
               | colonies on Earth, that was the real crime. Cities bring
               | the illusion that humans are legitimate in unfathomable
               | numbers. Cities hide away nature's constraints.
        
             | [deleted]
        
           | rco8786 wrote:
           | > It's going to take a long time for people to come back.
           | 
           | The numbers don't really bear this out. Rents are as high as
           | ever and inventory is largely back to pre-covid in the major
           | cities where the life you're describing exists.
        
             | ls612 wrote:
             | It depends on what people take away from this year. There
             | seems to be little chance of any distancing restrictions
             | returning in the US for covid so the market is being driven
             | by how much people believe this has set a precedent which
             | will be regularly repeated
        
           | oops wrote:
           | I spent the pandemic in a tiny apartment. Did laundry in the
           | tub for a while (no w/d). Finding space to hang sheets to dry
           | was a fun challenge. Quickly developed an appreciation for
           | easy to wash and hard-to-stink-up items like singlets. Not
           | going to lie, the laundry part sucked. But that is not
           | inherent to urbanism. Most apartments can be updated to have
           | a w/d. Many can be updated to have outdoor space. The parks
           | are still there. From my perspective, the bargain you
           | describe still exists and it was never critically important
           | to own a house or car. Still in the city and not leaving any
           | time soon. To each their own!
        
           | odyssey7 wrote:
           | I doubt it. Absence makes the heart grow fonder. Assuming the
           | pandemic does end, we'll see greater appreciation for these
           | things.
        
             | fedreserved wrote:
             | What doesn't break you makes you stronger. What if a larger
             | chunk then normal gets broken by these experiences. The new
             | wrinkle to this pandemic are the influx of the middle and
             | upper classes to the broken segment at a larger percentage
             | then normal. For those who have never faced true struggle
             | or failure , it can be a larger impact on their psyche to
             | those who have lived with and struggled through adversity
             | coming out the other side
        
           | SavantIdiot wrote:
           | On the plus side, single-family zoning laws are being
           | dismantled on the west coast. This will lead to people
           | demanding more transit since there won't be any parking. Of
           | course, the only transit available will be busses because
           | most cities/burbs are so poorly thought out that there is no
           | room for light rail. But i'd love to see more bus routes and
           | frequent schedules where I live. The cost is crazy: $5 one
           | way to go from my house to the city center, once per hour,
           | and no times per hour at night. That's gotta change.
        
           | valeness wrote:
           | Nothing about the pandemic made my apartment a miserable
           | place to live. It was alaways a miserable place to live.
           | 
           | * There is no bike parking available, so 2 bikes occupy a
           | large portion of my living space * The sidewalks outside my
           | apartment are small and in a state of disrepair *
           | Intersections are cyclist and pedestrian hostile making it
           | hard to go anywhere without it being a stressful experience *
           | The landlord refuses to fix my A/C when it's 118 degrees
           | farenheit outside, meaning it is often 92F inside the
           | apartment (And no, citing the municipal code that says this
           | illegal does nothing and nobody has the energy to hire a
           | lawyer right now) * The bus stop has been in disrepair to the
           | point where it was recently just removed altogether meaning I
           | have to walk a mile to get to the next one. * The next
           | nearest bus stop has no shade or place to sit * I can't mount
           | my TV to the wall or make any changes to make the small space
           | more comfortable (like hanging shelves or mounting hooks)
           | 
           | I want nothing more than effective urban living, but I have
           | yet to see it. So from my perspective, I'm not sure what was
           | really "lost" during the pandemic that wasn't already broken.
           | 
           | Also, since I see some replies mentioning it, I would rather
           | my parents ad grandparents be alive than have any of the
           | above be fixed. So I'd be careful to judge too harshly and
           | gain some perspective about "strict" measures to curb the
           | spread of the pandemic.
        
             | sizzle wrote:
             | You can withhold rent and put it in an escrow account and
             | get a hotel room until your landlord provides a habitable
             | environment regarding the broken AC, at least that was the
             | case for me in California. They can't evict you over this
             | and will lose in court, of course look up your state laws
             | as they vary by state.
        
             | yarcob wrote:
             | I don't know how people move into appartments where they
             | aren't allowed to drill holes in the wall. This would make
             | an appartement unusable for me.
             | 
             | Unanchored furniture is extremely risky and kills infants
             | every year.
             | 
             | Yeah, there's a risk that you might drill into a pipe. In
             | the last 20 years that happened to me once, and it was
             | annoying, since it cost 200EUR to have the pipe fixed, but
             | it's not really a big deal.
        
               | vmception wrote:
               | You can drill holes, you just have to fill them in when
               | you leave and consider losing a portion of your deposit.
               | Not really that big of a deal.
        
         | vultour wrote:
         | Shocking price of gas? I'm in Europe and have hoped for gas
         | prices to climb at least 10x since I was in high school. We
         | have a relatively good public transport system yet the last
         | 5-10 years have seen insane car ownership growth and even the
         | small town my parents live in is now jammed with cars every
         | morning.
         | 
         | Everyone should not own a car, it's unsustainable both for the
         | planet and for the road system.
        
           | ChinceParming wrote:
           | Quite a mind-opening way to think of things. I was like wtf
           | 10x gas prices, but then you followed it up thoughfully. You
           | should be a politician. In lieu of mailing lists to subscribe
           | to, I'll be mandated to insert this comment.
        
           | choeger wrote:
           | Did you ever consider _why_ the town is jammed with cars? Or
           | _why_ big cities are filled with them? Cars are enormously
           | expensive right now. Owning a decent-sized family car costs
           | around 400EUR every month right now, a used one, mind you.
           | 
           | The fact that so many people pay that cost _and_ the
           | inconveniences of maintenance and searching for parking space
           | should motivate you to think about the utility of car
           | ownership.
           | 
           | Where I live, public transportation is great. I don't think
           | it can get much better, practically. Yet, I have several
           | modes of transportation where I cannot use it: Traveling
           | _out_ of the big city or to orthogonally to the main public
           | transportation routes, or with small kids, or with large
           | luggage, with a week worth of shopping bags, or when I have
           | to get rid of garbage...
           | 
           | What a big city needs is threefold:
           | 
           | * Slow, respectful, traffic (30kph should work) -except for
           | some big roads- shared between all vehicles (bikes included)
           | 
           | * Zero-emission vehicles
           | 
           | * Enough parking spaces (that should cost money) for all
           | vehicles.
           | 
           | In order to get there, we will have to reduce the amount of
           | apartments per sqkm and even more so the amount of office
           | space and shops. This will work in two ways: It will
           | naturally reduce traffic and free space for car parks.
        
             | pertymcpert wrote:
             | > In order to get there, we will have to reduce the amount
             | of apartments per sqkm and even more so the amount of
             | office space and shops. This will work in two ways: It will
             | naturally reduce traffic and free space for car parks.
             | 
             | This sounds like prioritizing cars over people. What's the
             | point?
        
               | choeger wrote:
               | That's simply not true. There needs to be a balance, not
               | a priority. If you build a city that is made for
               | pedestrians, how do you leave it from the center? City
               | design nowadays has this "we are only a 500m across
               | plaza" vibe whereas in reality the cities sprawl over
               | tens if not hundreds of km. You cannot make that walkable
               | and you cannot design a transportation system that is as
               | flexible as roads and individual vehicles. Also, people
               | like to own stuff and have the freedom to use it
               | whenever. So if you want to create a city for human
               | beings you need to create a parking space that puts cars
               | out of the way and create roads that are peaceful.
        
               | AnimalMuppet wrote:
               | If you take choeger's point seriously, that even with all
               | the cost and problems people still find great utility in
               | cars, then creating an urban environment that doesn't
               | have adequate room for cars seems like creating an
               | environment that is hostile to the way people want to
               | live.
        
               | criddell wrote:
               | > This sounds like prioritizing cars over people.
               | 
               | The cars are used by people. If you prioritize for cars,
               | you are prioritizing for those people.
        
             | lolpython wrote:
             | > * Slow, respectful, traffic (30kph should work) -except
             | for some big roads- shared between all vehicles (bikes
             | included)
             | 
             | I understand you plan to include bikes on the roads
             | themselves. But making a city less dense and filling it
             | with parking spaces for automobiles makes the city hostile
             | to all except automobiles.
             | 
             | > * Zero-emission vehicles
             | 
             | Zero _tailpipe_ emissions. EVs still emit 1 /2 as much
             | lifetime GHG as a combustion engine personal vehicle [0].
             | Your plan would make your theoretical town less walkable
             | and bikeable and force former cyclists and pedestrians to
             | drive EVs. This results in net higher emissions since more
             | motor vehicles would be on the road.
             | 
             | > Traveling out of the big city or to orthogonally to the
             | main public transportation routes, or with small kids, or
             | with large luggage, with a week worth of shopping bags, or
             | when I have to get rid of garbage...
             | 
             | These are valid use cases but they do not justify
             | increasing a town's emissions in the middle of a climate
             | crisis.
             | 
             | > In order to get there, we will have to reduce the amount
             | of apartments per sqkm and even more so the amount of
             | office space and shops. This will work in two ways: It will
             | naturally reduce traffic and free space for car parks.
             | 
             | This would make the city less economically productive per
             | sq km. Compare the tax revenue from 10 parking spaces in a
             | parking lot versus mixed use row houses & businesses in the
             | same lot. Plus people can actually live in the latter. Is
             | there a housing shortage in your city? There sure is one in
             | mine. And it has tons of tax subsidized parking :)
             | 
             | [0] point #4 in https://www.epa.gov/greenvehicles/electric-
             | vehicle-myths
        
             | NoGravitas wrote:
             | > The fact that so many people pay that cost and the
             | inconveniences of maintenance and searching for parking
             | space should motivate you to think about the utility of car
             | ownership.
             | 
             | Car ownership has a Prisoners' Dilemma payoff structure to
             | its utility. It's very useful to the car owners, very
             | harmful to society at large. As more and more people have
             | cars, the population of car owners and society at large
             | overlap a lot, meaning everyone is paying the costs.
             | 
             | Do you ever wonder why it's so hard to get around without a
             | car? A lot of it is that the need for wide roads for cars,
             | and the need for lots of parking force all of your built
             | infrastructure to be physically spread out. Which means you
             | no longer can get around without a car, which means you
             | need more car infrastructure, which makes it harder to get
             | around without a car...
        
               | jjk166 wrote:
               | It was hard to get around without cars before anyone had
               | cars, hence why people got cars in the first place.
               | 
               | Most things we take for granted like being able to get a
               | week's worth of groceries home in one trip or going to
               | enjoy a restaurant that specializes in a niche style, or
               | buying cheap goods at a warehouse store, or being able to
               | get to a hospital within half an hour all require
               | automobile infrastructure. But once you have roads all
               | over the place and parking lots at important
               | destinations, and lots of people owning cars for these
               | necessities, the damage is done, and car travel is the
               | sensible mode for virtually all transportation.
               | 
               | The fact is taking a leisurely stroll on a nice spring
               | morning when you want to is very different from being
               | forced to walk for miles through freezing rain in
               | November after a long day of hard work. You want the
               | option to drive. There are lots of good ideas about how
               | to make towns and cities both drivable and walkable.
               | Anyone telling you that the simple existence of car
               | infrastructure is the problem has not thought through
               | what elimination of that infrastructure really means.
        
               | lolpython wrote:
               | > Most things we take for granted like being able to get
               | a week's worth of groceries home in one trip or going to
               | enjoy a restaurant that specializes in a niche style, or
               | buying cheap goods at a warehouse store, or being able to
               | get to a hospital within half an hour all require
               | automobile infrastructure
               | 
               | It's possible to do these things without a car if your
               | city has prioritized making that a reality. The exact
               | mode depends on the city. Some examples:
               | 
               | * In the Netherlands, cycling infrastructure is strong
               | enough that you can bike to a big box store outside the
               | city and load up your bike with what you need [0]. You
               | can fit a week's worth of goods in a cargo bike [1] if
               | that's your style. There is also an argument to be made
               | that you don't need to buy groceries weekly if your city
               | is dense and you have a store nearby.
               | 
               | * In Pittsburgh, there are flyer (fast track) busses that
               | will take you to malls in the northern car-oriented
               | suburbs as well as light rail to the southern suburbs. So
               | you can reach most niche stores in the metro area by
               | bus/light rail. Although it's pedestrian hostile in the
               | northern burbs. In the city proper, bus coverage is good
               | enough to get basically anywhere including all the niche
               | restaurants. Though light rail is more frequent and
               | pleasant. Bus frequency and reliability is just OK, not
               | great. Could be improved by changing priorities. My point
               | here is that Pittsburgh's urban form is not great but
               | they still came up with transit solutions that work for
               | average people.
               | 
               | * In Toronto, busses run every 10 minutes on an enormous
               | number of routes. This reduces transfer times so much
               | that travel time is nearly on parity with cars, even
               | though the city is very car-oriented.
               | 
               | I don't understand your note about hospitals because
               | ambulances get the right of way and can travel in bus
               | lanes.
               | 
               | > The fact is taking a leisurely stroll on a nice spring
               | morning when you want to is very different from being
               | forced to walk for miles through freezing rain in
               | November after a long day of hard work.
               | 
               | I agree, but it's not so bad in a dense urban area with
               | adequate bus shelters, sidewalk clearing and bus lines
               | scattered everywhere.
               | 
               | > Anyone telling you that the simple existence of car
               | infrastructure is the problem has not thought through
               | what elimination of that infrastructure really means.
               | 
               | The simple existence of car infrastructure _is_ the
               | problem because it causes sprawl and exacerbates our
               | climate emergency. Cities have already come up with the
               | solution and that is good transit, active transit
               | included.
               | 
               | [0]: https://www.youtube.com/watch?v=M8F5hXqS-Ac
               | 
               | [1] https://www.bakfiets.nl/bestanden/afbeelding/2019/374
               | -cargo-...
        
           | simonklitj wrote:
           | Don't you suppose public transportation costs would skyrocket
           | with 10x the gas prices? Imagine 15 euros for a liter. Holy
           | yikes. Of course, electric vehicles would be a part of a
           | cheaper solution.
        
             | isbvhodnvemrwvn wrote:
             | Public transportation around me is one of the earliest
             | adopters of EVs.
        
             | namdnay wrote:
             | public utilities don't usually pay taxes on gas
        
             | s0rce wrote:
             | If the price of gas increases are largely due to taxes
             | which is sometimes the case it could be easy to simply
             | offer rebates to public transit companies, just like you
             | can buy diesel for farm equipment or heating without paying
             | the road taxes.
        
             | Nasrudith wrote:
             | Aren't gas prices relatively negligible compared to driver
             | salaries and other vehicle costs?
        
           | yardie wrote:
           | The price of gas primarily affect the poor way more than the
           | rich. They both pay the same but while one is paying 15% of
           | their wages for petrol, the other is paying <1%.
           | Simultaneously, the poor are being pushed further from the
           | urban core, and jobs, and are spending more, in time and
           | money, to get to those jobs.
        
         | vmception wrote:
         | I also picked up a car this year, after 11 years of not owning
         | one.
         | 
         | Uber and Lyft still sucking so hard into this year was the
         | catalyst.
         | 
         | I wonder if shared rides through those apps will ever return.
        
         | Cd00d wrote:
         | BEV?
         | 
         | I'm guessing the EV is electric vehicle, but what's the B?
        
           | josephcsible wrote:
           | "Battery". Some people include plug-in hybrids in their
           | definition of "EV", so "BEV" was created to exclude those.
        
             | TacticalCoder wrote:
             | > Some people include plug-in hybrids in their definition
             | of "EV", so "BEV" was created to exclude those.
             | 
             | Which is really a poorly coined term because it's not as if
             | plug-in hybrids, many of which can do people's daily
             | commute back and forth without ever kicking the internal
             | combustion engine on, where finding their energy from
             | something else than an EV battery.
        
         | yabones wrote:
         | I've felt this as well. Before the pandemic, I lived in a small
         | apartment in an up-and-coming part of my city. Downstairs was a
         | very nice small grocery store, cafe, and central Asian food
         | restaurant. I took the bus to work each day, and life was good.
         | 
         | Now, post pandemic, the small grocery store downstairs closed,
         | as did the cafe, and the restaurant is take-out only. The
         | neighbourhood also suffered, with many lovely small businesses
         | closing and crime becoming as rampant as it was a decade ago.
         | The city also raised the bus fare ~20%. This was basically the
         | perfect storm to drive me into a house rental, buy a cheap used
         | car, and otherwise turn me into what I resented just a few
         | years ago.
         | 
         | I think this is going to be a trend for many late-twenty-
         | somethings in north america, the regression of optimistic
         | urbanists to begrudged suburbanites.
        
           | NoGravitas wrote:
           | The thing is -- the suburban-sprawl lifestyle cannot, and
           | will not continue. If we don't put a halt to it in order to
           | provide a soft landing, climate change will put a more-or-
           | less abrupt end to it (not everywhere at once, and not always
           | through the same means). The regression of optimistic
           | urbanists to begrudged suburbanites just means more
           | resistance to doing anything to solve our collective action
           | problem around climate change, and a better chance of getting
           | the worst-case scenarios.
        
             | jayess wrote:
             | My goodness, what a bleak, authoritarian point of view with
             | so little imagination.
        
             | Consultant32452 wrote:
             | I don't want to argue with you or change your mind, but I
             | also don't want to share a country with you.
        
       | josh_today wrote:
       | Just rented a car and it was as cheap and easy as it was pre
       | covid.
       | 
       | Use costcotravel.com
        
       | [deleted]
        
       | xyzzy21 wrote:
       | Between flights canceled and this, you don't want to fly.
       | 
       | I drove instead of flying recently instead - except for the long
       | drive getting there, it was far better to be in your own car.
        
         | bluGill wrote:
         | I thought that this summer. This I found out hotels are
         | charging double normal if they even have rooms open.
         | 
         | Probably another local specific thing though.
        
           | lotsofpulp wrote:
           | It is not a locale specific thing. Wages for hotel staff have
           | gone up at least 20% in multiple cities around the country
           | based on other people I have talked to, and costs for
           | supplies have gone up even more.
           | 
           | It makes me happy though because it just means that the
           | people having to work evenings, nights, weekends, and
           | holidays are finally gaining some negotiating power.
        
       | busterarm wrote:
       | The last time I rented a 16' truck for a 1k+ mile one-way move
       | was 6 years ago. It was $400 traveling north along the US east
       | coast. My previous move towards that direction 4 years prior was
       | $1200.
       | 
       | I'm renting another 16' truck for a move going south on the same
       | route next week. The truck and insurance cost over $5000.
       | 
       | I looked at purchasing a box truck as an alternative to reduce
       | the hit to my wallet. Box trucks cost around 2.5x what they did
       | two years ago. I'm finding 10+ year old beat up GMC trucks going
       | for over $100k.
        
       | sonicggg wrote:
       | How can the chip shortage cause a car shortage in 1 year?
       | 
       | Cars are not perishable items. The existing supply should prevent
       | us from going into chaos for longer than that.
        
         | Ekaros wrote:
         | Easily, when the big guys decide we won't make cars in 1 year.
         | And drop their orders for parts. Now they want to make them,
         | but other industries have instead gotten their rights to buy
         | parts. No parts, no goods...
        
       | reidjs wrote:
       | I realize this won't work in LA, but if you are traveling for
       | fun/vacation, why not check out places with functional public
       | transit so you don't need a car?
       | 
       | San Francisco, Portland, New York, European Cities, etc.
        
         | finfinfin wrote:
         | Because you still need a car in those places if you want to
         | experience them fully. Eg hiking in the East Bay is still
         | pretty inaccessible by public transport from SF. So yes, you
         | can enjoy the landmarks in the city, but if you want to visit
         | adjacent cities and/or nature - you still need to spend a
         | fortune on Uber or rent a car.
        
           | Karrot_Kream wrote:
           | If you're doing a day hike, that's what car shares are for.
           | There's plenty in the East Bay and SF. I only started owning
           | a car when a friend gave us their old beater, but before that
           | and through the earlier portions of the pandemic I used car
           | shares any time I wanted to go hiking.
        
           | bityard wrote:
           | Ooh, this reminds me of a story from my youth.
           | 
           | Two friends and myself went to New York for the HOPE
           | conference in Manhattan. We drove there but we're
           | midwesterners so we didn't want to drive in the city proper.
           | Our plan was to drive to New Jersey, leave our car at a
           | friend-of-a-friend's place, and then catch the train into the
           | city.
           | 
           | All went well until we were on our way home. The friend-of-a-
           | friend was supposed to pick us up from the train station and
           | drive us 5 minutes to his house so we could get in our car
           | and head west. But he wasn't answering his phone.
           | 
           | While we sat there wondering what to do, I saw a pizza place
           | across the street that said "free delivery" on the sign. I
           | joked that we should order a pizza, give the address where
           | our car was at, and then ask if the driver would deliver us
           | as well. Without laughing, my one friend said, "let's give it
           | a try" and strode off towards the restaurant. We explained
           | our situation and a few minutes later the pizza guy was
           | delivering the pizza, and us, to our car.
        
           | sk5t wrote:
           | If visiting New York City, must one also visit the
           | Adirondacks and Montauk as well? How long a vacation are we
           | talking about here?
        
           | dragontamer wrote:
           | You can visit Philadelphia by train from New York.
           | 
           | I'm actually planning a trip with a friend through the
           | Northeast Regional. You can start at the White House /
           | Smithsonian (seeing all of the history there), hop on a train
           | to Philadelphia to see the liberty bell + the original
           | capital of the country, then hop on a train and continue to
           | NYC / Broadway and watch Hamilton.
           | 
           | No car (or airplane) needed. 100% trains / metros.
        
             | ryukafalz wrote:
             | As a Philly resident... yep. For those visiting, honestly
             | if you plan to stay anywhere near Center City having a car
             | is more of a hassle than not. Our transit system isn't
             | perfect but it's easily the best way to get around the core
             | parts of the city.
             | 
             | And yeah whenever I visit NYC from here it's always by
             | train.
        
               | dragontamer wrote:
               | What would be the sights to see in Philly?
               | 
               | I was planning on mostly wandering around aimlessly
               | (actually, I'll probably still do that :-) ). But I'm all
               | ears for any "must see" locations.
               | 
               | Liberty Bell + museums are the main thing I know about.
        
               | checker wrote:
               | Reading Terminal Market is cool, but I'm not sure how it
               | will be during pandemic conditions (it's usually pretty
               | crowded).
        
               | thomaslord wrote:
               | This isn't really a sight-seeing thing, but grab a cheese
               | steak! Pat's/Gino's are the famous spots where everyone
               | takes photos, but IMO they're mostly tourist traps at
               | this point. Worst cheese steaks I've had within 100 miles
               | of Philly. Jim's is a good spot, plus it's on South
               | Street which is a good area to walk around in.
               | 
               | The South Street area is also home to a bunch of mozaic
               | murals by Isaiah Zagar, which are definitely worth
               | checking out. There are official tours, but you can also
               | just check out the neighborhood map here and explore some
               | of them on your own:
               | https://www.phillymagicgardens.org/about-us/mosaic-mural-
               | map...
               | 
               | If you like walks, check out the Schuylkill River Trail -
               | it got caught up in the recent flooding so I'm not sure
               | what kind of shape it's in right now, but I assume it'll
               | get cleaned up pretty quick if it hasn't been already.
               | The view of 30th Street Station and a nearby USPS
               | building is pretty cool at night. I've heard it can get a
               | little sketchy if you're down on the trail at night, but
               | as a 6ft tall white guy I never ran into any issues on
               | the route walked home from work for ~8 months. Your
               | mileage may vary, but the worst thing I ever encountered
               | was kids my age smoking weed down by the river.
        
             | hammock wrote:
             | Amtrak is the best way to get between those cities imo.
             | Puts you in the center of the city and avoids a cab onto
             | the island through traffic. Did it for work a bunch
        
               | ryukafalz wrote:
               | Agree that Amtrak is the best way if you can afford it.
               | If you're on a budget you can also take SEPTA to Trenton
               | and transfer to NJT into NYC. Puts you at the same place,
               | just takes a bit longer.
        
               | dragontamer wrote:
               | If you're trying to save money, the bus system works.
               | But... ugggh.
               | 
               | Train is more expensive for good reason! Its a much
               | better experience. If we're talking about the price of
               | Uber-rides / Rental Cars from NYC to Adirondacks... I bet
               | you that the Train to Philly or even Washington DC will
               | be cheaper than a rental car + all those miles you put on
               | it!
               | 
               | So IMO, save your sanity and go with the train. But the
               | busses exist if you really need to cut back on $$$ even
               | more.
        
               | checker wrote:
               | Adding some other thoughts:
               | 
               | - Trains get to skip traffic, but rental car _might_ be
               | cheaper if you 're splitting it with friends.
               | 
               | - Trains do break down or hit delays sometimes, but
               | traffic is always a risk on I95.
               | 
               | - Buses are the cheapest but have random people (dice
               | roll) and traffic.
               | 
               | - Parking a rental car might not be cheap in a city
               | center but can be a wash depending on transit costs.
               | Again, parking cost can be split with friends.
               | 
               | So my decision is usually situational.
        
               | ryukafalz wrote:
               | Oh no, I do mean by train! Both the SEPTA route and the
               | NJT route I was referring to are trains - they just don't
               | go the whole way from Philly->NYC, so you need a
               | transfer.
               | 
               | Now, frequency on SEPTA's Regional Rail lines has tanked
               | during the pandemic, so using it may not be as practical
               | as it once was. Haven't checked recently. Hopefully they
               | get service back to reasonable levels.
        
           | dougmwne wrote:
           | A car is usually pretty optional for most places in Europe.
           | Some natural areas like the Alps have better public transit
           | than most US city centers. Not everywhere is as allergic to
           | public transit as most of the US.
           | 
           | SF is also one of the better US cities in this regard. I
           | spent several months in SF without a car and rented a car
           | exactly one weekend to get to some further out hiking. There
           | are actually plenty of transit accessible natural areas.
        
           | mey wrote:
           | Agreed, as a resident of Portland, when we have guests in
           | town, we spend about half their time in the natural areas
           | around Portland. Granted getting to wine country or beautiful
           | waterfalls can be done with various public transit options,
           | sorta, it isn't easy. And you certainly aren't going to get
           | off the beaten path.
        
         | clairity wrote:
         | LA has more extensive public transit than either sf or
         | portland. you can get around (to basically all of the tourist
         | destinations) just fine by train, bus (gasp!), scooters and
         | bikes, with the occasional lyft to fill the gaps.
        
           | colinmhayes wrote:
           | This just isn't true in a practical sense. LA is far too
           | sprawling to effectively use the train without everything
           | taking an hour longer than driving.
        
             | asdff wrote:
             | The train is actually the one form of transit that usually
             | beats driving, at least the trains that are grade separated
             | (red and purple). There is no faster way to get between
             | downtown LA and hollywood than the redline for most of the
             | day. The expo line is pretty slow since a lot of it runs at
             | grade, but even then it can beat a day with terrible
             | traffic on the 10 going into santa monica.
        
               | wcarron wrote:
               | Agreed. Over the past decade I've commuted by some
               | combination of all of LA's train lines, and the orange
               | line, too.
               | 
               | Red and purple and the best. Although purple's lack of
               | distance degrades the value. Green, yellow, and expo are
               | decent, but Yellow running at-grade degrades the utility
               | somewhat, as for the expo line, as you said. The Green
               | line didn't freaking connect to LAX, completely negating
               | it's potential utility.
               | 
               | Blue line and orange line are by far the worst, being
               | entirely at street level and interrupted constantly with
               | cross traffic.
               | 
               | Honestly, what really needs to happen is: 1) Purple line
               | completes intended extension. 2) Submerge the blue line
               | and install new station for connection w/ green. 3) The
               | orange line needs to be submerged and absorbed by the red
               | 4) New rail line from the I-5 that follows the 405 S. It
               | would connect with the expo, LAX/green lines, and
               | terminate with the blue line in LB. The red line would
               | connect/intersect with it slightly north of the 101.
               | 
               | Already, those are pipe-dreams due to... well, everything
               | about building public infrastructure. But LA does have
               | the bones for some decent public transit, even if they'll
               | never really invest in it.
        
           | 28567558 wrote:
           | God bless you public transport boosters but the idea of
           | stringing together 3-4 different types of transportation to
           | get around doesn't seem like a very relaxing vacation to me.
           | Renting a car is just so much easier...
        
             | AnimalMuppet wrote:
             | As a visitor, driving in LA isn't exactly relaxing
             | either...
        
           | lastofthemojito wrote:
           | Maybe it's gotten better? I did a summer at UCLA a bunch of
           | years back and I remember it took me about 2 hours to get
           | from LAX to UCLA via bus (and the bus dropped me on the far
           | side of campus from where I wanted to be). At the end of the
           | summer I knew someone with a car so I was able to get a ride
           | from the dorm to LAX, door-to-door in something like 20
           | minutes. I was shocked, I had no idea the airport was that
           | close by.
           | 
           | Over the summer I used the bus to get around and it worked
           | well for some destinations (I spent a lot of time in Santa
           | Monica because that was easy) but there were others that just
           | seemed too much of a pain (I wanted to see what Malibu was
           | about but never did).
           | 
           | Now as an adult who can afford a rental car I don't think I
           | would consider going car-free for a trip to LA, unless the
           | trip had a narrow focus (e.g. convention at convention center
           | all week).
        
             | asdff wrote:
             | The only useful way to get to the airport via transit in LA
             | is to take the flyaway bus. They used to have a line
             | servicing UCLA directly before the pandemic but they've
             | since cut most of the routes after the pandemic.
        
             | clairity wrote:
             | as @asdff noted, the point-to-point flyaway bus to ucla was
             | a great, cheaper alternative, but limited service really
             | hampers its utility. it's no consolation to you, but ucla
             | will be connected to the purple (D) line in a couple years,
             | which will make getting around LA from ucla much easier by
             | public transit.
             | 
             | but even more frustrating was the decision not to extend
             | the green (C) line train directly into LAX (due to lobbying
             | by taxi interests and others). rather than even the
             | flyaway, we should have a train line directly from LAX into
             | downtown, a key regional business travel destination. there
             | even was a historical train right-of-way for much (all?) of
             | that route, but it's since been sold and parceled out.
        
         | yupper32 wrote:
         | San Francisco having a functional public transit system is news
         | to me.
        
           | codazoda wrote:
           | SF seemed like a walkable city when I visited. I walked from
           | my hotel to Fishermans Warf and back (back is a LOT of up
           | hill). But I think at least parts of it are pretty walkable.
        
             | asdff wrote:
             | Locally walkable and being able to get somewhere within ten
             | miles as the crow flies in a reasonable amount of time are
             | two entirely different things
        
           | lastofthemojito wrote:
           | But at the same time San Francisco is indeed a nightmare to
           | park in. I had the worst rental car luck of my life in San
           | Francisco - and no, I didn't really want to have a car in SF,
           | but I was taking a road trip up from LA, then San Luis
           | Obispo, through Big Sur, to SF and then onwards to wine
           | country.
           | 
           | We stayed a couple of nights with a friend in SF, and on the
           | first night I hunted for what felt like an hour to find a
           | street parking space, and I FINALLY found an open spot that
           | didn't have any signs for parking restrictions. The next day
           | we went to get the car and it was gone. There was red paint
           | and "NO PARKING" on the curb that I missed in the dark, so
           | the car was towed to a city impound. In addition to a parking
           | ticket, there was a nasty note on the windshield about how I
           | was a bad person for parking in front of a physical therapy
           | facility and infirm people rely on that spot to be dropped
           | off, etc. Something like $500 later, I retrieved the rental
           | car and got lucky this time with a legal spot right in front
           | of my friend's house. Shortly thereafter, I heard a crash out
           | front and thought "wouldn't it be funny if that was our
           | car?". It was. An elderly gentleman plowed into it. But
           | apparently not before parking enforcement had visited again -
           | there was another ticket on the windshield, apparently this
           | time I hadn't properly curbed my wheels on the gently sloped
           | street.
           | 
           | So yeah, in San Francisco I might take the flawed public
           | transit, or Uber/Lyft, or scooters, or walking, or crawling
           | or anything else over bringing a car into the city.
        
             | yupper32 wrote:
             | Can't really help you with parking in the red. That's on
             | you, and something to look for parking anywhere in the
             | country.
             | 
             | Curbing your tires is definitely something an out of towner
             | wouldn't know, so I feel you on that. It has a decent
             | reasoning, at least.
             | 
             | The real problem with public transit is that there are a
             | bunch of routes that need multiple transfers and take 3x as
             | long as by car (with none of the reliability). Most places
             | will have parking within 2-3 blocks or garages, but yeah
             | it's tough.
        
               | Scoundreller wrote:
               | Red is a poor choice for something that needs to be seen
               | day or night. Pretty much the worst colour next to black
               | (which is technically not a colour).
        
         | vincentmarle wrote:
         | San Francisco has great public transit if your trip starts near
         | a BART station and ends near a BART station. Otherwise, not so
         | much..
        
         | duxup wrote:
         | Man I prefer that.
         | 
         | But I can think of all of one trip in the past 10 years in the
         | US where I felt like I was someplace where I could rely on
         | public transportation.
         | 
         | It's just not viable for most trips in the US I think.
        
         | bluGill wrote:
         | Most of my vacations are combination with visits to
         | friends/family. So until transport works where ever they choose
         | to live I'm stuck needing a car.
        
           | ryandrake wrote:
           | Just for example: When I visit my family over holidays, they
           | live 10 miles from the nearest bus station, 35 miles from the
           | nearest Amtrak station, and 100 miles from the nearest
           | international airport, nearly two states away. There are no
           | local taxis, busses, light rail, nothing. I'm not sure how
           | public transportation would ever work for this kind of trip.
           | This is the case for the vast majority of small towns in the
           | USA.
        
             | bluGill wrote:
             | Public transportation works for that type of trip in some
             | places. Not in the US though. If the dense cities can't
             | even make it work where it is easy there is no point in
             | trying those places that you point out where it is hard.
        
         | Consultant32452 wrote:
         | Do you actually have to ask why people would not want to travel
         | to San Francisco, Portland, and New York?
        
         | silisili wrote:
         | Good idea, but I'd definitely do a lot of reading before going
         | that route. In some cities with a seemingly functional public
         | transit...well, it's not one you'd want to use.
         | 
         | NoVa/DC and SF are both good examples though of generally safe,
         | effective public transport.(not speaking of Portland or NY as I
         | haven't used theirs)
        
         | [deleted]
        
         | Lammy wrote:
         | >functional public transit >San Francisco
         | 
         | Citation needed:
         | https://www.thetransportpolitic.com/2009/02/20/transit-overl...
         | "San Francisco's example may be the worst in the United States"
        
       | mysterydip wrote:
       | A coworker finished up a trip a day early. Got hos flight
       | changed, then they said "there's no rentals to take you from the
       | airport home." He ended up taking an Uber to a nearby relative's
       | house, as the airport was two hours from his house.
        
       | speedgoose wrote:
       | I don't miss the old fashioned car rental companies since I use
       | my local non-profit car sharing organisation.
       | 
       | I just use my phone and I get to drive a modern EV for a very
       | affordable price without stress. No human contact needed.
        
         | random314 wrote:
         | Website?
        
           | speedgoose wrote:
           | The non profit one is https://bilkollektivet.no/
           | 
           | You also have Vy which is owned by the Norwegian state :
           | https://www.vy.no/alt-om-reisen/andre-transportmidler/vybil
           | 
           | And then nabobil.no or hyre.no in the for profit side.
        
       | cwmma wrote:
       | nobody seems to be mentioning the car rental monopoly that
       | currently exists:
       | 
       | https://connorleech.info/blog/the-american-rental-car-cartel
        
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