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bigDinosaur • today at 1:09 AM • 2 replies • view on HN

You aren't taking into account that transport agencies can raise a lot of funding based on yearly revenue so multiplying fares out in terms of the debt that can be serviced yearly can easily reach billions which can be used for capital investment.


Replies

jasomill • today at 5:40 AM

So additional costs to taxpayers and/or users of the system to cover interest repayable to lenders? How does this justify anything?

dwattttt • today at 1:29 AM

I can't tell what you're saying; are you saying that "yearly revenue from fares is big", even when someone says "fares aren't the major revenue source, and sometimes doesn't even exceed the cost to implement"?