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Public transit has huge positive externalities in terms of reduced traffic. I think that in Europe on average tickets cover only 25% of expenses.
by occamrazor 10y ago
Public transit has huge positive externalities in terms of reduced traffic. I think that in Europe on average tickets cover only 25% of expenses.
- mc32 10y agoIt really depends. Many large metro systems in Asia do better than 100% farebox recovery. Europe hovers between 30 to 60%. In the US anything above 35% is pretty remarkable -and there are a few over 50% but not many. Most recover less than 30% from their boxfare. And that's mostly due to being too "diluted". You have lines in suburban-like areas who cannot sustain the lines via ridership. I'm a fan of public transit I love punctual, clean, timely, dependable mass transit, but I realize it may not be the best answer for agglomerations like we have in San Mateo and Santa Clara counties in the Bay area or Dallas-Ft Worth, TX.