Quote:
Originally Posted by twoNeurons
I think you’d easily get people to pay $100 RT. In fact I’d price it higher. Quick Shuttle runs 4 daily runs with stops along the way from Vancouver to SeaTac. $99 USD.
And as for capital costs... how’s that Port Mann bridge getting paid off? Infrastructure is usually not built to turn a profit. Highways, subways, etc all don’t turn a profit unless it’s subsidized but they’re built because they add value. It’s how it works. It’s also how we build dams and other large projects. YVRs new expansion is a 6Billion$ project. Of 24Billion, maybe a ¼ would be BCs responsibility. About the same as an airport expansion.
You have to amortize the cost over the life of the infrastructure and you have to account for the benefits around stations and along the line. In Japan positive economic activity always follows a new bullet train line.
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In case you haven't noticed, getting approval and funding for these projects (save YVR) has been like herding cats.
Site C dam, $11B. Approved, halted after giant backlash, approved again.
Massey replacement and 99 upgrades, $3.5B. Approved, then halted, now in limbo.
Pattullo replacement, $1.4B. Waited four years, put to a vote and rejected, waited another four years, approved.
Broadway subway, $3B
and can actually pay for itself. Same as the Pattulo.
HSR to Portland, $8B. Yeah, don't hold your breath. And it starts in Vancouver and goes to the border (thus missing most of the swing ridings), so unlike most of the above, it doesn't even help BC's politicians get reelected.