TheTigerMaster
Superstar
Well, that calculation does not take into account:
1) Ridership growth beoynd the target date. The ridership forecast was for a 15-20 year period. It is conceivable that the ridership of such a central route will continue to grow after that, and will reach a level unsuitable for BRT much sooner than in 400 years
2) Land value and property taxes; many people assume that LRT increases the land value and promotes highrise development more effectively than BRT.
3) Inflation; at 2% yearly, operating expenses will cost twice as much in nominal dollars 40 years down the road.
The point of that exercise was to show that it would take so long to see the benefits of the cheaper LRT operating costs to materialize, that it's irrelevant to the discussion. You can bring all of those factors you mentioned into account and probably get 100 to 200 years to wait for the amortized savings of the LRT to materialize. Regardless it's well beyond the lifespan of either option. An LRT or BRT there probably won't last 75 years at the location, let alone 150 to 200 years+.




