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Economy

Why subways are built to lose money

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If you ever wondered how public transit makes a profit, spoiler alert: it absolutely does not. Underground transit systems are built with the implicit understanding that ticket fares will never cover the astronomical costs of tunnel boring, ventilation, and rail upkeep. They function as massive public sinkholes designed purely to keep modern metropolises from grinding to a complete and utter halt.

Why subways are built to lose money
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