Infrastructure and vehicles are tightly intertwined when it comes to rail, in a way they aren't for other modes.
...would presumably work best with a similar ownership scheme to Japan. No mandatory subsidies for routes which ppl won't use.
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On the other hand, if people WANT to take on the burden of keeping an underused rail line active, there's no harm in that.
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As is the case for 3rd-Sector railways in Japan, which aren't profitable, but which are sufficiently beloved to be kept running
End of conversation
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