Quote:
Originally Posted by WarrenC12
I'm sorry but that doesn't really pass the smell test. North America has many unique standards but it's a giant market. You can't tell me with a straight face that elevator repair is literally 10 times the cost in the US vs Europe.
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Ten times is too high - but the difference is huge. A New York Times artcile in 2024 said :
"Elevators in North America have become over-engineered, bespoke, handcrafted and expensive pieces of equipment that are unaffordable in all the places where they are most needed. Special interests here have run wild with an outdated, inefficient, overregulated system."
"A basic four-stop elevator costs about $158,000 in New York City, compared with about $36,000 in Switzerland. A six-stop model will set you back more than three times as much in Pennsylvania as in Belgium. Maintenance, repairs and inspections all cost more in America, too."