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by BoiledCabbage
1624 days ago
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> Indeed, there's nothing wrong with induced demand on its own. In any other market, more demand induced by lower costs (whether those costs be monetary or in the form of commute times) would almost certainly be a good thing. The "purpose" of expanding lanes and building alterntae highways is to improve efficiency. For people living in a given area, reduce their time spent commuting. There is large economic cost to having large portions of your population spent 10+ of their waking time commuting to and from work each weekday. The problem with induced demand is that yes you increase capacity and more people then move clogging up the roads until a similar equilibrum is reached as before. A much better option is both expanding the number of people that can commute by living further out, and reducing the per individual commute time by mass transit. That's the true goal. |
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That's still an improvement over the previous status quo. Commute times are not the only, or even necessarily the most important factor in a transportation system. Your new equilibrium transports a larger number of people than the previous equilibrium. In isolation, that's purely a good thing.
In a world where road users paid for those improvements directly in proportion to their use of the road we could just keep expanding capacity indefinitely until either all the latent demand were met, or until rising construction costs drove demand down to a level where the roads were no longer congested. Since roads are funded by income taxes though, a crucial half of that feedback loop is missing. We can't just keep expanding because there's nothing to stop road users from demanding more and more capacity even after adding that capacity becomes cost-prohibitive.