The Economics of Car Theft

Jobs are hard to find, unemployment is on an ever-increasing upswing in spite of official talk of reprieve and support. It’s at times like that anyone would assume theft would increase. Items of extreme value such as cars are one of the most commonly sought after items. First of all, because they are in such demand, second of all, because of the relative ease of selling them off by bits and pieces rather than as a whole, making them hard to track in spite of registrations, vin numbers and such. So why is it that in this time of economic crises auto theft is not on the rise right along with unemployment and insecurity?

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