Quote:
Originally Posted by Vin
I guess spending at least $500 mil to get rid of perfectly functioning viaducts, without any guarantee in funding, helps in "gambling your way out of debt"?
I love your logic!
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The sunk cost fallacy is strong with this one. Either traffic will increase, in which case the viaducts will be useless to handle gridlock anyway, or traffic won't, in which case the viaducts will be redundant. Whichever way you cut it, removal is the end goal, so better to do it when it only costs $360M and start getting development fees & property taxes coming in now, rather than twenty years later when it creeps up to $600M + wasted seismic upgrades + no revenue in-between.
The problem isn't lack of funding, it's the lack of a final plan. If you want to talk about the Canada Line, you should talk about how it ended up half-assed for the sake of cost cutting and getting built on time. I thought you complained about Vancouver being too slow... now you say that they should've started by now?