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   Smári McCarthy (smari@mastodon.social)'s status on Monday, 25-Dec-2023 05:40:38 JST Smári McCarthy

   There's a strong correlation between cities being rich and cities having good public transportation. Some might infer that being rich means they can afford to spend money on public transportation. But I contend it's the other way around: if public transport works, fewer people need to sink $6k-50k of their personal wealth into cars, and then feed them fuel, insurance and maintenance. All that money goes into local restaurants, arts, sports and culture instead. THAT is how you make a city rich.

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     feld (feld@bikeshed.party)'s status on Monday, 25-Dec-2023 05:40:37 JST feld

     in reply to
     @smari > fewer people need to sink $6k-50k of their personal wealth into cars
     
     The real estate prices will jump to compensate for the great location due to its easy access to public transportation, restaurants, venues, etc and the residents will have to pump that much money per year into housing instead, really.
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     Quinn Norton (quinn@social.circl.lu)'s status on Monday, 25-Dec-2023 09:27:48 JST Quinn Norton

     in reply to

     @smari I want that to be true, but generally cities don't build out decent public transit until they're rich. (With the exception of places that can get majorly subsidized by central govs, but they're are also usually rich)

     feld likes this.