It really bugs me.
The police just don't give a damn anymore about stolen bikes.
I had a vintage unit over 50 years old taken from my yard.
Go to the police station and the yard is full of bikes. They auction them off so what do they care about returning them to the rightful owners or trying to find the rightful owner.
If you go to your insurance company there is a Five Hundred Dollar deductible so not much help there either.
Now the thieves know all this and act accordingly.
Now when I was growing up we had to buy a license for the bicycle and a license plate was required. The serial number was recorded at City Hall. If you got caught driving a bike without a plate, you were charged with theft. If you filed off the serial number you were also charged.
It's time to bring the license back..