Re:The Astonishing Transformation of Austin
by fintechjock on Friday February 10, 2023 @03:30PM
(#34745380)
They spent $1.1 billion on the first round of the train, and in FY2021 it brought in $55,000 in gross fares.
We won’t be able to spend our way to adoption at that rate. And people aren’t going to adopt public transit in a city built around cars (93.4% of Austin families own a vehicle).
Sounds like we both wish mass public transit was the reality, but sadly it’s just not realistic.
We won’t be able to spend our way to adoption at that rate. And people aren’t going to adopt public transit in a city built around cars (93.4% of Austin families own a vehicle).
Sounds like we both wish mass public transit was the reality, but sadly it’s just not realistic.