I'm not sure this is always true.

In The Netherlands a lot of bikes are stolen because people are too lazy to walk.

Most of the time your stolen bike can be found again next to a bus stop or train station.

There are 8 people in the Netherlands. I doubt the country can properly represent bike theft.

There may be only 8 people, but those 8 people have 16 bicycles. (and btw, there's more than 8 people)

> but those 8 people have 16 bicycles

Each.

As a cyclist, N+1 is real :)

Looked up some stats for you:

  ~40% is stolen by professionals
  ~28% is stolen by junks

That's why I used the words "I'm not sure this is always true." ;)

By the way, bike owners:

  US: ~18%
  NL: ~84%

Or being sold back to you by the thieves...