Re:California will not complete $77B high-speed rail project...
by shalmanese on Wednesday February 13, 2019 @01:58AM
(#19151007)
Another way of thinking about it is, if we assume roughly 1M households with an average land price of $100K and the HSR increases that to 1.2M households with an average land price of $150K, then you've created $80B worth of value from scratch and justified the cost. That doesn't happen via buying everyone a Prius.
[ Parent
| on HN ]
There are no comments on this comment yet.