alt Hacker News> Oo, totally wrong! Fun guess though. The average monthly cost of car ownership is $1,300. The cost of a one-month transit pass is $150. I'm not gonna save $1,150 on rent by moving to a shitty suburb.
The TRUE cost of one month's pass is about $3000 (with capital cost). The pure "just-keep-the-lights-on" cost is around $750. It's that you're paying it from your taxes and rent.
> Yeah, because there's a shortage of apartments—that's what I said. Manhattan Island (being a rather small island) has physically run out of room for buildings, but that's not true of other areas.
Yes, and it is metastasizing into other neighborhoods.
> Ok? So what? Maybe they'll expose private-sector price fixing & maybe they'll just be grocery stores.
Think about it again. If density works so well, why is there a significant number of people too poor to buy groceries?
> Have you heard of industrial parks? It's pretty common for offices in big cities to be outside the city centre—far more common on the whole than downtown offices are.
Not anymore.
> The TRUE cost of one month's pass is about $3000 (with capital cost).
Lol as if you can't just look up the transit commission's budget. (Annual budget) ÷ (average daily ridership × 12 months per year) = $180 per month per rider at most (since the pool of riders is larger than the daily average).
> Yes, and it is metastasizing into other neighborhoods.
Good. More apartments means cheaper rent.
> If density works so well, why is there a significant number of people too poor to buy groceries?
The cost of living is high because rent is expensive, obviously. I never said it was cheap to live in NYC. Focus on the actual subject of our discussion, please. Do you think rent in Manhattan would be cheaper if there were fewer apartments?
> Not anymore.
You're just saying stuff now. Only 40% of jobs are located downtown in my city, and compared to the other cities I saw when I was poking around for this data, that's high.