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Re:Office vacancies in San Francisco jump to a record 33% by sofixa on Saturday April 15, 2023 @03:29AM (#35578459)
> Many subway systems are profitable

The vast majority are not, the systems in a bunch of Asian cities (mostly in Japan, HK, Taiwan, Singapore) are the exception due to a few reasons, most notably because they use distance-based fares and land around stations often belongs to the operator bringing in massive commercial revenues.

https://en.wikipedia.org/wiki/Farebox_recovery_ratio

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