Now it is lauded as one of the highest ROI investments the US govt ever made.
If you really want to do the math: if we value all urban land equivalently, what is the subsidy provided by free parking? In NYC, it’s astronomical.
Free transit is trivial to fund if you actually care about humans being productive.
Not everyone does: harder to capture rents that way.
Now it is lauded as one of the highest ROI investments the US govt ever made.
If you really want to do the math: if we value all urban land equivalently, what is the subsidy provided by free parking? In NYC, it’s astronomical.
Free transit is trivial to fund if you actually care about humans being productive.
Not everyone does: harder to capture rents that way.