http://marketurbanism.com/2010/03/15/hsr-crowding-out-local-transportation-projects/ Urbanism for Capitalists / Capitalism for Urbanists Sun, 20 May 2012 15:18:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://marketurbanism.com/2010/03/15/hsr-crowding-out-local-transportation-projects/#comment-6660 Patrick Tue, 30 Mar 2010 04:27:34 +0000 http://marketurbanism.com/?p=1283#comment-6660 Oh, boo hoo. This isn't "crowding out." Crowding out is when government investment preempts private investment. Not when one government project requires modifying another government project. And it isn't like they're losing anything - they just have to rebuild the station nearby. A waste of money to be sure, but not exactly a failure of high-speed rail. Oh, boo hoo. This isn't “crowding out.” Crowding out is when government investment preempts private investment. Not when one government project requires modifying another government project. And it isn't like they're losing anything – they just have to rebuild the station nearby. A waste of money to be sure, but not exactly a failure of high-speed rail.

]]> http://marketurbanism.com/2010/03/15/hsr-crowding-out-local-transportation-projects/#comment-6653 jim Tue, 16 Mar 2010 00:44:34 +0000 http://marketurbanism.com/?p=1283#comment-6653 The obsession with 2.5 hours - instead of 3 or even 3.5 is making this project a lot more destructive and expensive than it needs to be. Acela already dominates the airlines at 2:50 between NYC and DC and pulls a 37% market share between Boston and NYC at 3:45. I'll gladly make the 5 hour Amtrak trip to Boston over flying. On the best of flying days the trip is 4 hours door-to-door . . . but with all of the hassle, discomfort and uncertainty associated with flying. The obsession with 2.5 hours – instead of 3 or even 3.5 is making this project a lot more destructive and expensive than it needs to be. Acela already dominates the airlines at 2:50 between NYC and DC and pulls a 37% market share between Boston and NYC at 3:45. I'll gladly make the 5 hour Amtrak trip to Boston over flying. On the best of flying days the trip is 4 hours door-to-door . . . but with all of the hassle, discomfort and uncertainty associated with flying.

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