Reconnecting America People * Places * Possibility

Blogosphere: Our System Could be Profitable Too

Last week I discussed Alex Marshall's take on the profitability of the Hong Kong Mass Transit Railway. As Alon Levy pointed out, the MTR does make an operating profit, so what I said was a little inaccurate. I said "Marshall responded that the Hong Kong MTR makes money on real estate and uses that money to subsidize its transit facilities... Read On