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> These projects are simply to expensive for private entities to undertake The problem is not how expensive high-speed railway projects are. The problem is tha
by geezerjay 8y ago
> These projects are simply to expensive for private entities to undertake
The problem is not how expensive high-speed railway projects are. The problem is that in general, with a couple of notable exceptiobs, high-speed railway services are massive money drains with absolutely no viable business model.
If their natural unprofitability is compounded with infrastructure costs then the problem is further compounded.
That's the main reason why private entities routinely invest more money in some profitable projects but they stay clear of even investing in conventional railway services.
- melling 8y agoThe North East Corridor is profitable. “the most traveled highway in America, spanning 1,900 miles from Miami to Maine.” Who pays for all the roads? The gas tax doesn’t cover it. I’d think that between Boston and at least DC, there’s a need to travel by train at 225 mph. With a little vision, it could go to Miami.
- jcranmer 8y agoThe challenge in Boston is that the North Station and the South Station don't connect to each other, so there can be no thru-service to the north. Connecting them has often been mooted, but, well, Boston IS the home of the Big Dig.