‘Where ambition goes to die’: These tech workers flocked to Austin during the pandemic. Now they’re desperate to get out.::Drawn by the promise of an emerging tech hub, some tech workers who flocked to Austin found a middling tech scene, subpar culture, and scorching heat.
I feel like for $7.5 billion they could build a city wide monorail system with tons of stops. Charge a few bucks a ride and it pays for itself. Or make it totally free and see what happens when your city suddenly has total freedom of movement. Bet it would have huge economic benefits for everyone. (So of course it’ll never happen.)
I’m not sure. Public transportation infrastructure is insanely expensive. Where I live (France), there was a project to add a new subway line. A single one. Estimated cost was more than 2 G€. And that’s before taking into the numerous issues of another subway line modernization program…
People forget that transportation has an amplification affect across your entire economy. It takes all of the friction caused by traffic and removes a percentage of that. Helping not any one individual but everyone. It’s understandable that it’s harder to wrap our heads around something that isn’t directly profitable when we’re raised that way… but all the evidence and research is clear. Public Infastructure not only is the right way to help people, but is the best long term economic solution to transportation.
Further, who do you think pays for roads? Or their repair? Road infastructure is heavily subsidized and far more expensive than any public transportation project. The big difference? You won’t hear politicians making a stink about it
I don’t disagree with you on the principle. But at this price tag (a significant part of the budget of a major Metropolitan area), you don’t only need to know it’s good : you need to know by how much it is better ; when the payoff is going to begin ;and how to you make sure you don’t create issues which will persist for up to a century. Granted, large road projects aren’t cheap either.
It also tie a significant amount of money each year to pay for continuous operation of these transportation, and for the moment, there is a significant number of transportation jobs which can’t be filled. Roads are costly too, but can withstand these employment issue… for a time.
US cities probably should invest much more in this area, but there are limits to the ability of these project to solve transportation issues.
Does that ‘G’ mean billion?
Gillion. €2 Gillion.
Yep, Giga-Euro.
The issue with Austin is most of the traffic isn’t Austin residents. A shitty Austin house will cost $300,000 more than the exact same house 30 miles away.
Austin is quickly becoming one of the most expensive cities in the county. Which, by the way, is another reason it’s being abandoned. Companies came here on the promise of cheap housing, and house prices in the area tripled in 5 years
So it’s super expensive, hot, has shitty traffic, and it’s a liberal island trapped in a state run by land developers and fascists.
Monorail! It put Brockway, Ogdenville and North Haverbrook on the map!
This NEVER happens. It is always subsidized and traffic is still a mess.