Buying a home builds equity. Buying a car destroys it. The US car-based transportation system forces people into debt and fosters poverty.

"it’s not unusual for drivers to carry negative equity. Dealers say more people are arriving at their lots $10,000 underwater" owing more on old cars than the cars are worth.

Heart-wrenching examples of low income people forced to go into debt because most #USA #transportation is for #cars & only cars.

#CarCulture

https://www.seattletimes.com/business/tacoma-woman-among-increasing-number-of-americans-trapped-by-car-debt/