American Bicycle Boom Towns 2023

Remember back in the day when walking to the store was a chore? Well, today it is a premium luxury. Living in a bicycle boom town has it's advantages. Traveling to the nearest grocery store, park, school, office, movie theater, several restaurants, or shopping mall without a car. Today almost no bicycles exist in consideration of buying or selling a home.

Why now?

Favorables Government Regulations

Favorable government actions and regulations support bike friendly initiatives and spending. Congress pass­ed the Bipartisan Infrastructure Law (Infrastructure Investment and Jobs Act), a once-in-a-generation investment in our nation’s infrastructure and competitiveness. This federal investment has encouraged many cities to start planning investments into their cycling infrastructure.

According to the National Association of Realtors bike lanes help to increase property values.  Studies have shown that having a bike path near your home is a great way to increase the selling price of the house.

Urban bicycling is more about life and not a trend. Provide yourself time to adjust and find your speed. When you hit your sweet spot their will be a huge shift in your perception of everything. I remember my first trip to the grocery store. I parked my truck in the garage and started walking. It was almost two years before I purchased my first bicycle. My purchase behavior changed immediately on that very first trip. I was constrained to the size of my backpack and prices. The neighborhood grocery store was fairly smaller than the plus sized super markets. They stocked more premium items, smaller in container size and they were typically fresher. So I made my selection of oats, grains, beans, rice, vegetables, fruits, a snack and made my way back home. When I got home I thought about how much I wanted my usual junk food. Then I made dinner and went to bed. A few days later I made another trip and then another trip and here we are today two more years later still making those trips. The most funny thing about it is how the store workers and security panicked on the first time I walked in with a backpack and now we are all one big family.

The average person lives about 3-5 miles away from their nearest grocery store but typically drive to the second nearest. Every one mile of a gasoline powered vehicle is equal to one pound of CO2 emissions into the air.

Today, I bicycle or use my electric unicycle to go everywhere. Compared to my life before, a bike-friendly boom town definitely wins the race.

Bicycle boom towns has a potential to increase public transportation, delivery services and ride hailing demand.

A couple good indicator of a future bicycle boom town are

• Car-dependent cities.
• Cities with crashing housing markets.

Bike Friendly Market Opportunity

FUN FACT

In 1885 the name of Bicycle Playing Cards was inspired by the bike boom of that time.

What is a Bike Boom?

The bike boom or bicycle craze is any of several specific historic periods marked by increased bicycle enthusiasm, popularity, and sales.

Rollover Investment

Infrastructure investments from the cities transform communities and improve the value of the properties. Realtors find it much more profitable and easier to sale a home in a bike boom area.

Cost of Infrastructure (2015)

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