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Joined 1 year ago
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Cake day: June 9th, 2023

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  • Cheapest city with moderately decent public transit is probably Washington DC. With an average home price comparable to the one I live in without public transit of about $600,000 more than my current home. Even if I didn’t own my truck outright (8 years old, 58k miles) and the price of gasoline doubled, my payback period for 100% free public transit is greater than infinity with a 5% cost of money calculated in.

    It’s a bit like solar. I’ve run the numbers, and had others run the numbers, and the conclusion is that it would require replacing solar panels twice before I made back my investment, even with a 0% loan for the panels and install.

    I’d love to be part of it. I’d love to have European-style public transit. Even in the few places where viable public transit exists in the US, it’s not affordable to move to those places. shrug






  • It’s past serving it’s purpose. It drew lots of people and filled government and real estate coffers when the city was down, but now it’s a net drag because the people dropping €6M on an apartment don’t want the common riff raff (anyone able to spend less than €800/night on a hotel room) from disturbing their peace and smelling like skunk all the time.

    (Okay, there are technically only a couple places in the city on the market for €6M, but with prices quickly approaching €10000/m2 all but the rich and snobby are getting shoved out)