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dogma
XYZ
Premium
join:2002-08-15
Boulder City, NV
kudos:1
reply to No_Strings

Re: The problem with mass transit




With more than 9 million tourist coming into the state every year, Total direct travel spending in California was $102.3 billion in 2011, a 7.6 percent increase from 2010 spending. Travel spending in California directly supported 893,000 jobs, with earnings of $30.4 billion. Travel spending generated the greatest number of jobs in arts, entertainment and recreation (221,000 jobs), and accommodations and food service (523,000 jobs).

30 Million visit Nevada each year (But 10 Million of those are from California)


I just did some quick ROI numbers on a High Speed (TGV like) route between L.A. - Las Vegas -Tahoe - San Francisco.

Assuming each leg cost $6 Billion, or $24 Billion total. The paid ridership at each station would need to be 30,000 per week @ about $130 per leg. This would be a walk-up ticket.

Break even on a no interest loan would take about 25 - 30 years. Useful life would be about 75 years. Realizing that ROI would be child's play for a co-state industry that captures in excess of $150 Billion/year. One could easily forecast double the revenue and jobs within 12 years if the underlying transportation infrastructure is available.

Problem is that I am using the $6 Billion per leg construction cost. That is the price for a private sector build. If the government does it - triple that.


No_Strings
Premium,MVM,Ex-Mod 2008-13
join:2001-11-22
The OC
kudos:6
Thanks. We can always count on you to do the math.

Away from horizontal mambo, er elevators, and back to trains - None of the plans I've read about would connect LA. Victorville just doesn't cut it.

Can you imagine the cost of a downtown right-of-way?