Meanwhile, NY/NJ might pay the same price for a single tunnel and one (?) new station http://www.nytimes.com/2016/01/21/nyregion/amtrak-says-regions-rail-projects-could-cost-up-to-dollar23-9-billion.html?_r=0 …https://twitter.com/bfurnas/status/697241485348098048 …
@MarketUrbanism Is there a comprehensive post/resource detailing why this is so?
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@MarketUrbanism Damn. Alright at least something exploratory on your previous blog? Somewhere? -
@i_contemplate_ It's contracts, labor efficiency, route design, tunnel design...it's all a mess, very very poorly understood -
@MarketUrbanism Wow so no scholar/journalist has deeply investigated this. What a shame! -
@i_contemplate_ People have written things good paragraphs here and there but not much insight in one place -
@i_contemplate_ The whole American transit establishment is kind of in denial that costs are even high to begin with -
@MarketUrbanism I've read some people blame 'Baumol's Cost Disease' for it which seems like an utter copout. -
@i_contemplate_ Oh definitely not, transit costs are off the charts, it's gotta be more than that - 5 more replies
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