Older millennials, adults aged 35 to 44, had debt-to-disposable income ratios around 250 per cent in 2019, while Freestone noted that metric was roughly 150 per cent for the same age group in 1999.
Can confirm we’re sitting around 250% but this is after exercising significant restraint to not take on as much mortgage as the banks would have given us. Everyone I know who bought over the last couple of years went all out and I can’t imagine them being any lower than 300-350%.
I understand the sentiment, but I’m willing to bet that it’s more likely that the average person will die in a car than on a bike.
Yes, there are risks, and yes cycling infrastructure can absolutely help to reduce those risks, but in the greater context I think cycling is still the better option in more ways than one.
For instance, cycling can reduce the chance of the #1 cause of death (heart disease), while cars increase that risk. That alone would make cycling better for health and longevity, even with less than perfect cycling infrastructure. 😀