[sasawpg]

Maybe in NL, but in US/Canada organized bike theft is a bit more than "pettiest of petty crimes". For example: https://bikeindex.org/news/closing-the-loop-a-deep-dive-on-a...

A number of my friends have had $10-30k of bikes stolen. Based on the surrounding circumstances, at least some, if not most, were targeted by an organized set of individuals and not just random.

[magnuspaaske]

One of the things that make bike culture stick is that most bikes are just really cheap those places. On one hand this means they're protected relatively less and so would be rather easy to pick up, on the other it means no one bothers organising a theft ring as the returns are too low. Fancy bikes are something completely different and would attract another level of organised crime.

[asdff]

I can't recommend enough putting your bikes on your renters or homeowners insurance. There is no lock that is cut proof, and even if there was, your components can just get stripped or the rack itself even could be cut. If you have insurance, however, its not even a couple bucks a month extra on my policy to get the bike on there for zero deductible coverage, and offers me a lot of piece of mind.