Omg, don’t tell this elected public official that the world’s financially sustainable public transit systems like in Japan rely on land rents around stations and the others that are fare recovery negative in North America don’t.https://twitter.com/berkeleyside/status/1001675627722833920 …
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Replying to @kimmaicutler
That's a fascinating statistic. I was wondering why the Metro in SoCal seems nice but isn't profitable. They don't have anything at the stations. They're so spartan that it's a little depressing. BART is the same way.
1 reply 1 retweet 7 likes
Replying to @jhamby
Yeah not allowed to. Prop 13 messes land value capture across the board.
9:36 PM - 29 May 2018
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13 likes
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