Re:NYC subway and bus services have entered 'death spiral', ...
by tellarin on Tuesday November 20, 2018 @10:16PM
(#18499912)
That’s actually the same model the Hong Kong MTR company applies for the subway lines it manages in mainland China (like lines 4, 14, and 16 in Beijing). Buy land right where lines will pass and near stations and develop it.
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Re:NYC subway and bus services have entered 'death spiral', ...
by bobthepanda on Wednesday November 21, 2018 @08:03PM
(#18507280)
I don't disagree. But the MTR is able to do that in China because they already make money in Hong Kong.
No North American transit operator makes money, so they have no way to buy up land in the first place.