admin-ajax.php

How will we to cope with all the cars as our population grows? [infographic]

How long did it take you to drive to work today?

I’m lucky – it  takes me less than 5 minutes becuase I live close to work,  but the average commute is much longer than that and it’s getting worse isn’t it?.

Some  would say we have too many cars on the road already Traffic jam

So how we going to cope with our a population growing faster than any other developed country in the world?

If you think about it, growing at 2% per annum Melbourne’s population will grow in the order of 10% in the next five years.

Over the same period the population of some of our other capital cities will grow in the order of 7%.

How will we cope with all the extra cars on the road?

Our World In Data produced the following interactive infographic showing that in 2014 there were 717 cars fro every 1,000 people in Australia

As you can see below we own more cars per capita than many other countries:

road-motor-vehicle-ownership-per-1000-people-2014 (1)

ad_GtGR


icon-podcast-large

SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

icon-email-large

PREFER TO SUBSCRIBE VIA EMAIL?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'How will we to cope with all the cars as our population grows? [infographic]' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

facebook
twitter
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!