4 ms·
The richer you are in New York City, the less you spend on public transportation. That's an inferior good.
by rufus_foreman 5y ago
The richer you are in New York City, the less you spend on public transportation. That's an inferior good.
- Bilal_io 5y agoLook at the "Park & Ride" concept in the Seattle area (I am sure it exists in other cities). I've seen a lot of people that are very comfortable financially take the bus to work. Public transportation only becomes inferior when its infrastructure is horrible, and it is humiliating to take a bus because of the wait time, delays or how packed they get.
- rufus_foreman 5y agoIf someone in Seattle goes from 200,000 a year in income to 2,000,000 a year in income, do they spend more or less money on Park & Ride?
- babyshake 5y agoIn San Francisco and New York at least, one important reason public transportation is inferior is you are regularly confronted with mental illness, disgusting sights and smells, and sometimes violence.
- babyshake 5y agoI've always wondered why there haven't been more efforts to offer certain benefits (more comfort and privacy) to those who can pay more to ride public transportation. This would provide more funding for these systems and is not too different from what we already see on planes and trains.
- rbanffy 5y agoAnd that’s precisely why public transport is an inferior good in NYC.