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Japan's systems were privatised after they were built. Would they be as successful if they were private from the beginning?
by TazeTSchnitzel 6y ago
Japan's systems were privatised after they were built. Would they be as successful if they were private from the beginning?
- csomar 6y agoI don't think the success of private/public is a universal thing and probably depend on how low corruption the government is. A metro system has to be bootstrapped by the government at the end of the day, to be able to appropriate of some private lands you are going through.
- pydry 6y agoThey're successful because they own the land around the stations. This is where all the real money is made. In most other countries that land was sold off and somebody else (e.g. private equity) profits.