tag:blogger.com,1999:blog-33399132.post1291944367661644271..comments2024-03-04T08:09:21.453-08:00Comments on Richard's Real Estate and Urban Economics Blog: The Amtrak ProblemRichard Greenhttp://www.blogger.com/profile/02161226214739034402noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-33399132.post-17619818953563285652009-03-08T10:50:00.000-07:002009-03-08T10:50:00.000-07:00And also the problem with local government owned m...And also the problem with local government owned municipal bus services. In my state, by law, the local bus service is a government owned, and union-run, local monopoly. The consequence is that bus routes are selected for political purposes, not for moving the largest numbers of "customers". The biggest political purpose is to chose bus routes to encourage denser development in certain locations - but note carefully which powerful real estate interests financially benefit by having their property rezoned for dense development. The result is bus routes serve financial interests today and not the overall needs of commuters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33399132.post-28648428898213045242009-03-04T11:43:00.000-08:002009-03-04T11:43:00.000-08:00Excellent point. This problem is even worse with ...Excellent point. This problem is even worse with highways, which run through all 435 districts. <BR/><BR/>We wind up building highways in exurban and rural areas to make otherwise rather worthless land marginally more valuable, so people can build houses with a 15-year design life on them, while being unable to successfully repair and replace bridges like the one in Minneapolis which collapsed several years back, which is crucial to a metropolitan economy for a major city.<BR/><BR/>Worse yet, none of these roads make money! I can't remember the last time a private company went out, bought a bunch of land, and tolled it to pay for the construction. <BR/><BR/>I'd much rather pay a toll on every road I drove on than use the dysfunctional system we have today.Anonymousnoreply@blogger.com