Okay, this is a different dead horse, since it isn't about rail
Quote:
Originally Posted by nixcity
Doesn't prove a causal relationship and also doesn't show whether or not other cities have done the same.
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Okay, your claim is that, unlike
any other good or service known to economists, CapMetro's transit demand is completely price-inelastic, and there is no decrease in demand in response to raising prices?
Of course raising prices has had a causal effect on ridership numbers. It's undeniable. We'd have to do more research to find the magnitude of the effect, but it's there.
And we're not talking minor price increases either. Since 2008, standard bus riders have seen a
150% increase in ticket prices(50 cents to a buck 25). In seven years.
Those that have switched from the 1 to the metrorapid have seen a
250% increase in prices.
That explains a big part of their flat-line since 2008. And the slightly lowered total ridership numbers post-metrorapid.
You falsely claimed I worked for CapMetro. I don't, and I'll damn them when they deserve it. Their pricing model is short-sighted and self-defeating. Transit doesn't pay for itself, and getting caught up on a FRR of 10% vs. 20% is short-sighted.
Though as I said, I understand why they do it. They're legally required to, by the legislature. Total system ridership isn't the metric they're judged on.