B cyclist wrote:
If you add up the TRUE cost of owning a car it is often not cheap. Most people only calculate car ownership on the basis of the fuel they put in. They leave out depreciation, finance charges, servicing, MOT, insurance, VED etc.
But if you already have a car, then all you are looking at is the marginal cost of using it - the depreciation, insurance etc are incurred whether or not you make the journey.
A good way of encouraging people to use public transport is to provide worthwhile discounts on go-anywhere travelcards for the local area, so the marginal cost of using public transport becomes zero. Local buses can be ridiculously expensive - I have to pay 90p single for a one-mile trip into the centre of Stockport.
One thing I would suggest is abolishing the flat-rate scale charge for private fuel for company cars, which gives people a perverse incentive to drive further and to take on marathon commutes. Someone on another forum has just started a 75-mile commute, which few people would contemplate if they were paying for their own fuel. If private fuel is provided it should be taxed as used.
Increasing fuel tax is likely to be an inefficient means of reducing car use, as over time its main effect would be for people to buy more economical cars rather than travelling less.
teabelly wrote:
Selling your house and buying another should be as easy as selling your car and buying another one. Perhaps a part exchange scheme could start where you chop your house in to a broker and then get another one the broker has. The broker would then have to sell yours as fast as possible.
I can't see it ever happening, but part-exchanges for houses would certainly unblock the housing market. As with cars, you would have a choice between accepting a lower price for a part-exchange, or taking a risk in return for a potentially higher price by selling directly. A difference of say £10k may seem a lot, but added on to a £200k 25-year mortgage it would not be so bad.