Quote:
Originally Posted by 68style
Hard to say, I wasn’t established / a student at the time so I’ve increased from literally no income to what I make today in that time hahaha
That said, I think it’s safe to say that’s a primary issue here vs real estate costs and other living costs… incomes from most jobs (software industry or real estate notwithstanding) have not come up enough to match inflation at all, let alone for the market we are in here.
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For sure. That's what I said earlier, it's more likely you become more affluent (hence, the relative or perceived cost to EV is lower) than EV actually become cheaper.
It's all relative when it comes to valuation.
Most people felt EV was a luxury when gas was ~$1.20/L... but at $2+, driving an ICE IMHO is a luxury by itself. Think it this way... I go to Richmond about 3 times a week for gym/grocery/visit friends... that 70KM round trip (SS/WR to RMD) that I make is about $15 for any reasonably efficient car that does 10km/L overall, or close to $30 on some luxury large engine vehicles. That's just gas, no depreciation or whatever. In an EV, the same trip is about $2. (15kwh/100km, 0.15 per kw, 80% AC-DC efficiency)
The high gas price would accelerate the shift to EV at an incredible pace. Because it used to be that people stick with ICE because the initial higher cost of EV made it unreasonable. Now... the gas price is what's unreasonable.