3 ms·
My understanding is that the problem with transit isn't just a resource problem, you literally need the power of the state to invoke eminent domain in order to
by vinceguidry 8y ago
My understanding is that the problem with transit isn't just a resource problem, you literally need the power of the state to invoke eminent domain in order to build the infrastructure, making it a purely political problem that can only be solved by using political channels.
And the model you list is still in use today, if you take into account that roads are also 'transit'. It's just not the kind of transit that you and I want to see implemented.
- bobthepanda 8y agoWell roads are not built privately. And we're starting to see what happened with the earlier streetcar model, where the one-off revenue from property development is not enough to pay for the infrastructure in perpetuity. The eminent domain thing is a power of the state, but it's also true that even if you were to privatize railroads today, they could not afford to purchase all the required property for new lines at fair market value. Hence the dependence on the government to front that cost instead.