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Not very surprising. There is a problem with trying to fund urban transit by selling it as a service for those who use it. urban transit is a service which bene
by laurentoget 8y ago
Not very surprising. There is a problem with trying to fund urban transit by selling it as a service for those who use it. urban transit is a service which benefits every member of the community it serves , both individuals and corporations, by reducing congestion. In most places with an efficient transit network, fare revenue is not the biggest source of funding.
This is shocking for americans who grow up in the post Reagan era, but some things are easier done by governments.
- hrktb 8y ago> In most places with an efficient transit network, fare revenue is not the biggest source of funding It was eye opening to me to hear about train companies that heavily invest in land development and partnered with the cities to build places to go. In Japan they own department stores and actively participate in business development to grow whole areas, wherever they see opportunities.
- Aeolun 8y agoI was so surprised to see a whole town just basically stamped out of the ground next to a new shinkansen station. Right up until I found out it was all built by the train company.