Wednesday, July 18, 2012

How Los Angeles works better than you think

One of the keys to maintaining one's sanity when living in LA is to know how and when to avoid freeways.  When the 110 runs clear, it takes about 15 minutes to drive from my house to USC; when it is clogged, it can take an hour.  But that is OK, because I have a (largely) non-freeway route home that takes at most 35 minutes.

One of the reasons surface streets (outside of the West Side) in most of Los Angeles run pretty well, even at rush hour, is that 90 percent of the traffic lights in LA are synced.  By the end of the year, all lights will be synced.  As a conseqeunce, despite its traffic, in most parts of LA, one needs to wait for only one light cycle to get through an intersection.  Again, this is usually even true on downtown streets during rush hour.

The cost of syncing all the lights in Los Angeles will come to $350,000,000.  Let's do a back-of-the-envelope here.  If syncing saves the average Angelino (there are 4 million) even one minute per day, and time is worth $15 per hour, syncing basically pays for itself within a year.  That is government spending everyone should be happy supporting.


stewean frank said...

The an incredible number of property dealings add up to BIG company. It is a complicated deal that variations over a billion money every season just in the Combined Declares alone.

Rusty Solomon

Joseph Brenner said...

I'm someone who commutes through San Francisco on bicycle, and I can tell you that "synced" traffic lights aren't necessarily something that works well: they have to make an assumption about the average speed of traffic, and if your speed is different, you're screwed.

And similarly, if you're someone on foot, or perhaps worse, someone who lives on the route, the endless stream of high speed traffic is not exactly conducive to your quality of life. said...

This reminds me of what the UK did last year by looking at the economic benefits of raising the speed limit last year.

Downtown LA is a screaming example of were infrastructure investment via stimulus spending should be spent on. A 10 year treasury is below 2% and you have alot of construction workers out of the job that could fill all the pot holes and build new car pool lanes around USC and downtown LA that could help with our daily commutes in general.

Turesta istanbul said...

It can be described more roughly by the number of rooms. A studio apartment has a single bedroom with no living room (possibly a separate kitchen istanbul real estate).
A one-bedroom apartment has a living or dining room istanbul property separate from the bedroom. Two bedroom, three bedroom, and larger units are common.
(A bedroom is defined istanbul properties as a room with a closet for clothes storage.)

The size of an apartment or house can be istanbul property described in square feet or meters. In the United States, this istanbul real estate includes the area of "living space",
excluding the garage and other non-living spaces. The "square meters" figure of a house in Europe istanbul properties may report the total area of the walls enclosing the home,
thus including any attached garage and non-living spaces, which makes it important to inquire what kind of surface definition has been used.

In recent years, istanbul real estate many economists have recognized that the lack of
effective real estate laws can be a significant istanbul properties barrier to investment in
many developing countries. In most societies, rich and poor, a significant fraction of the total wealth is in the form of istanbul property land and buildings.

In most advanced economies, the main source of capital istanbul real estate used by
individuals and small companies to purchase and improve land and buildings is mortgage loans (or other instruments). These are loans for which the real property
itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because,
istanbul property if the borrower does not make payments, the lender can foreclose by
filing a court action which allows them to take back the property and sell it to get their money back. For investors, profitability can be enhanced by using an off
plan or pre-construction strategy to purchase at a lower price which is often the case in the pre-construction istanbul properties phase of development.

This comment has been removed by the author.
EasyGoTurkey said...

In most innovative economies, the water communicator of uppercase constantinople genuine estate old by
individuals and dwarfish companies to purchase and meliorate realm and buildings is mortgage loans (or different instruments). These are loans for which the real prop
itself constitutes corroborative. Phytologist are inclined to hit much loans at affirmatory rates in lifesize endeavour because,
istanbul object if the borrower does not act payments, the lender can foreclose by istanbul property
filing a deference challenge which allows them to have approve the goods and deceive it to get their money support. For investors, gain can be enhanced by using an off
idea or pre-construction strategy to get at a move cost which is ofttimes the sufferer in the pre-construction metropolis properties form of usage.