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Popular Cycling Cities See Pedal Prices Rise

Posted by: franny.ritchie
Thanks to: Franny Ritchie
21 August 2009 - 9:00am

A Freakonomics blogger has trouble finding an affordable bike in Portland, and looks into the reasons why.

"What’s up with this bike micro-inflation? Why does there seem to be no market in Portland for used bikes that are actually cheap? Portland is otherwise a pretty cheap city. Beer is cheap. Used clothing is cheap. By major urban standards, housing is cheap too, unless you compare it to the strip-mall-type cities. And certainly there are plenty of people in town who can’t afford to spend $475 — never mind $1,000 — on a bike."

Full Story: Bicycle Inflation in Paradise?
Source: The New York Times: Freakonomics Blog, August 17, 2009
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Instead of demeaning so-called "third world cities", we would do well to observe, understand, and adapt such approach on a much more widescale basis.
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