NYC Subway Fare over last 120 years adjusted for inflationandruuNewgen t1_jcn89y4 wrote
Reply to comment by Die-Nacht in NYC Subway Fare over last 120 years adjusted for inflation by dust1990
And fares is an oversimplified way to look at the value of transit. The subway increases economic activity where ever it runs, which increases tax revenues and land values in general and its only fair some of that funnels back into the transit system.
iamnotimportant t1_jcnjxif wrote
That's how a lot of other cities run it, the transit system owns the land near their stations, that land is obviously more valuable cause there's transit there, they directly benefit as a result.
EmoRedneck t1_jd65sc3 wrote
What cities?
iamnotimportant t1_jd67x2h wrote
Tokyo, hong kong ther'es probably others. I forget one of them also has a metro card that doubles as a pay card for everything.
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