"But there's no profit in that. Why would we do that?"
the people with all the power
But there is profit in it. Public transit can be a revenue generator that at least pays for itself as opposed to roads that are nothing but a huge cost over its lifetime.
And then there are the second-order effects of better economic activity in the areas around metro stations, a healthier populace that is less of a burden on the healthcare system, and overall higher happiness, which makes for better workers. It's just that it can take a decade or two to see these effects come to fruition.
But politicians rarely see that far out.
That's not how the calculations for streets work. National economy is pretty darn complex and streets are paying for itself in a lot of countries.
Source: Trust me bro.
Public transit literally pays for itself, no "darn complex" calculation required.
"But there's no profit in that. Why would we do that?"
But there is profit in it. Public transit can be a revenue generator that at least pays for itself as opposed to roads that are nothing but a huge cost over its lifetime.
And then there are the second-order effects of better economic activity in the areas around metro stations, a healthier populace that is less of a burden on the healthcare system, and overall higher happiness, which makes for better workers. It's just that it can take a decade or two to see these effects come to fruition.
But politicians rarely see that far out.
That's not how the calculations for streets work. National economy is pretty darn complex and streets are paying for itself in a lot of countries.
Source: Trust me bro.
Public transit literally pays for itself, no "darn complex" calculation required.