Non Communist Transit

I thought I would post a link to an old post I did about how transit is funded in Hong Kong (the non Communist world). The major transit system is run by a private corporation which is one of the worlds most profitable. The bulk of these profits come from the development of land along its transit lines. “It’s likely for example that a North Shore transit link could have paid for itself by allowing high density mixed use development of the area across from downtown. Instead, we have two government funded toilet bowls, an insolvent transit system and a city on the brink of solvency.”

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