that it may include its fair share of "silver surfers" (no offence, @Bald Rick!)
Hmm. I don’t have grey hair, my preferred my radio station is Radio 1, I never use cash, and it’s back to Ibiza next year or the year after. If that makes me a silver surfer, then guilty as charged!
Young people shifting from car ownership is a long term trend prior to the pandemic
Indeed so, partly linked to increased city living, which in itself is partly due to being close to the jobs located in those cities. But if the jobs are now mostly ‘working from home...
And conversely, old people shifting to car ownership is also a long term trend prior to the pandemic.
Whilst WFH will have an impact on rail use, not all rail use is business related,
Correct. Just over half is commuting, and another 10% is business travel.
Whilst some may give up their cars entirely (although more likely to be young people not starting to own a car)
Some may...
it's now likely that households with 2+ cars would reduce their need so that they could still have one (so retain the vast majority of the benefits of car ownership) but would require some additional rail travel to facilitate doing so.
I don’t see how this follows logically from anything you have said. Now I’ll use some numbers.
It is a *possibility* that some households that have 2+ cars (about 60% of car owning households) may decide to give up one of them and use rail more:
*if* one or more of the household works from home more frequently than previously (say 50% of the group)
*and* continues to do so (50%)
*and* doesn’t want to keep a car for non-work purposes, regardless of cost (optimistically, 50%)
*and* one or more of the other cars isn’t usually available when they do need it for their less frequent trips to work (optimistically, 50%)
*and* a reasonable rail alternative is available for the journey (10%)
*and* rail is better than other available transport options (50%)
...then they would use rail more frequently, perhaps as much as 2-3 times a week, or perhaps once or twice a month.
Factoring all those probabilities leaves you with approximately 0.3% of multiple car owning households making on average, perhaps 1 return trip a week. I would hardly describe that as ‘likely’.
The 0.3% x 1 return rail trip a week would mean an extra 4 million rail trips a year, which you can compare to the 300 million trips a year the railway will lose if 50% of all existing rail commuters and business travellers reduce their rail trips by, on average, 50%.
And that’s why the railway will need to reduce costs.