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Most of the world gets by fairly well with much lower car ownership rates than the US (apart from San Merino which has more cars than people, the US has the highest car ownership per capita in the world). If you live in a country with very good public transportation, I think it's not hard at all to imagine a future in which individual car ownership basically goes to 0% at some point in that not too distant future.

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Yes and no; car ownership in many parts of the world is tied to development, and as standard of living rises in many parts of the world, so does car ownership. (Not that I’m saying this is a good thing, to be clear.)

I live in a part of my country with very dense public transportation and I can't imagine car ownership disappearing; even with a dense public transportation network, there's too many commutes that can't easily be done in public transportation. And that's ignoring people who have to carry stuff as part of their work and use cars to store them.

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