this post was submitted on 23 Sep 2023
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Transit is profitable, though. Second-order and third-order effects make transit extremely profitable even by the most pessimistic estimates.
Part of what resists this in North America is their sprawling developments. It often increases travel distance, time, and cost while also being poorly connected to other modes of transit/walkability. Quality transit and denser, mixed use urban fabric go hand in hand. A single bus stop brings less value to a neighbourhood of large lot SFH than a single bus stop brings to a mixed use street, an apartment building, or neighbourhood of townhomes.