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But in California, major transit extensions take a decade or more to complete and cost tens of billions of dollars. It would be hard to build enough housing to
by aetherson 8y ago
But in California, major transit extensions take a decade or more to complete and cost tens of billions of dollars. It would be hard to build enough housing to make a serious effect on prices: it's probably five times harder to build enough transit to have a serious effect on prices.
- tomjakubowski 8y ago> in California, major transit extensions take a decade or more to complete and cost tens of billions of dollars Recent data from LA Metro: * In 2012, Expo Line phase one (Downtown to Culver City) opened, six years after construction broke. * In 2016, Expo Line phase two (Culver City to Santa Monica) opened five years after construction broke. * In total, the 15.1 mile Expo Line cost $2.5 billion. * Also in 2016, the Gold Line Foothill Extension, Phase 2A (Pasadena to Azusa) opened after five years of construction at a cost of $735 million. * Gold Line Foothill Extension, Phase 2B (Azusa to Montclair) is expected to cost ~$1.5 billion, involves some major additional work (relocating existing commuter rail and freight rail tracks), and is expected to open in 2028, about nine years after it broke ground.
- aetherson 8y agoFair enough, maybe I should've said "Bay Area" instead of California.