Re:Why New York City Stopped Building Subways (2018)
by conanbatt on Monday October 07, 2019 @09:01AM
(#21180235)
In Buenos Aires you can ride the entire subway track for 0.30$, which is about 1.5 hours of subway. Without subsidies, the subway would cost at least 1$ a ride.
The hourly rate of a great part of the city workers is below 3$ and do not have full day employment.
What do these numbers mean? That a worker can get a 3.5$ an hour for 3 hours a day on the other side of the city will do it because it will cost him 0.6$ a trip. But if he had to pay 2$, that worker might not do it.
He doesn't have the choice now: he pays a tax when he buys food that forces him to take long trips to make a difference in the subway.
Overall result:
Economic efficiency: bad, because it costs more to do it this way
Welfare: bad, because it increases commute times, and reduces wages
Transit & demographics: bad because it concentrates people on the expensive side of town and increase transit exponentially
Re:Why New York City Stopped Building Subways (2018)
by objektif on Monday October 07, 2019 @01:05PM
(#21183225)
You are assuming that there are jobs anywhere in the city!! No there are no jobs in most places even in NYC. Most jobs are concentrated in and around manhattan.
The hourly rate of a great part of the city workers is below 3$ and do not have full day employment.
What do these numbers mean? That a worker can get a 3.5$ an hour for 3 hours a day on the other side of the city will do it because it will cost him 0.6$ a trip. But if he had to pay 2$, that worker might not do it.
He doesn't have the choice now: he pays a tax when he buys food that forces him to take long trips to make a difference in the subway.
Overall result:
Economic efficiency: bad, because it costs more to do it this way
Welfare: bad, because it increases commute times, and reduces wages
Transit & demographics: bad because it concentrates people on the expensive side of town and increase transit exponentially