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Mass transit can make sense, but it isn't profitable. Very few public transit systems in the world are profitable. Bus systems are more likely to be profitable.
by barney54 11y ago
Mass transit can make sense, but it isn't profitable. Very few public transit systems in the world are profitable. Bus systems are more likely to be profitable. https://www.quora.com/Which-public-transportation-systems-make-a-profit https://www.quora.com/Which-public-transportation-systems-ma...
- jahewson 11y agoInterestingly this is the exact same argument which was made when most of the San Francisco cable cars were ripped out. But it wasn't true.
- soyiuz 11y agoNor should they be profitable. Public goods are an expenditure, like clean air or public libraries. We want to spend money on them, that is the point.
- SilasX 11y agoNot profitable by fares charged, sure. Definitely profitable if they were credited with the gain in property taxes/values that their presence facilitates.