I read recently that the average middle class Australian is spending about a thousand dollars per month, per car in their life. So I found this free savings calculator on the web (look down the list), and worked out what 1k per month, invested in a managed fund averaging 10% returns over the long term, would be worth in 30 years (the maximum length of a home loan).
Holy f@#$%! Architects, you can add $2.3million to each client’s budget, per car you can spare them from owning! Advise them to include bike garages, instead of garages for cars. Here’s an example I saw in Portland in May.