The Antiplanner is in Lafayette, Louisiana today to talk about urban planning. I’ll be speaking tomorrow about the city & parish’s current plans and proposed new development code.
In the meantime, Bloomberg reports that Millennials want to own and drive cars about as much as their parents’ did–it was just the poor economy holding them back. Of course, they’d rather drive “cool” cars such as Teslas or Priuses rather than Cadillac Escalades. But drive they will.
In other news, Amtrak’s accounting tricks are catching up to it, as illustrated by an escalator in Penn Station that went out of order in January and hasn’t been fixed yet. In order to make it appear that its trains are more profitable than they really are, Amtrak defined “maintenance” costs as capital improvements. It then went to Congress and bragged that its operating subsidies were smaller than ever–but it needed huge capital subsidies, which Congress failed to give it.