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| Re: A Better Billion: Expanding Transit & Housing for a More Affordable New York (1646460) | |||
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Re: A Better Billion: Expanding Transit & Housing for a More Affordable New York |
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Posted by Stephen Bauman on Sun Feb 1 16:37:34 2026, in response to Re: A Better Billion: Expanding Transit & Housing for a More Affordable New York, posted by Jackson Park B Train on Sun Feb 1 02:38:39 2026. Fares aren't able to cover cost of operation on ANY rapid transit system on the planet.Not true. There are a few exceptions. Here's a link for Fare Recovery Ratio: 100% is break even; greater than 100% means a surplus and less than 100% means operating loss. https://en.wikipedia.org/wiki/Farebox_recovery_ratio Most 100% and higher are in Asia: Hong Kong; Singapore and Japan. The notable European profitable line is London Underground. |
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