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0 pointsyholio7y ago0 comments

I think the conclusion from this sub-thread is that the London subway is insanely expensive compared to most of the rest of the world. There might be local reasons that afford it such price gouging power, like the lack of any reasonable transport alternative and the nature of London's road infrastructure, congestion and parking fees etc.

A fee increase to that level in other cities might have the opposite effect of reducing ridership and total revenues, against a largely fixed expense base, condemning the subway to a real "death subway".

The externalities of transport are massive, if a small number of people device to spend 15 minutes more in traffic to save the 8 pounds subway fare, the costs to society are simply astronomical because now everybody else has to spend those 15 minutes more too to get to where they need to go, even if they don't have the option of public transport for their route.

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martinald7y ago

The other way to look at it is that it is a high quality reliable product that can charge a "premium" so to speak. While people in London complain, all lines will have CBTC in the next couple of years (the vast majority already do), running at 30-36trains per hour per direction across rush hour depending on the line. It is very rare for there to be major service issues on more than one or two lines at a time, comparing that to service status in NYC which often has dozens of lines with various issues.

My point really is that "even" £8 isn't that expensive in the grand scheme of things. And that money going into the system allows it to work well.

NeedMoreTea7y ago

London is priced as it is because from this year or next, I forget which, it has no government money. All running costs must come from fares and advertising. Prices have changed accordingly.

Unlike roads which are entirely funded by government. So a comparison is always going to make "public transport" (ironic considering it's the transport not receiving public funds) look more expensive.

martinald7y ago

Ironically in London the trunk road network maintenance will be paid out of TfLs public transport fare budget, as TfL has a legal duty to maintain the major roads in London but has no government operating grant. Hopefully this will be resolved soon!

talldan7y ago

The Underground is cheaper and/or more reliable when compared to the national rail network many use to commute into London. Ridiculously so. I think that contrast helps those in London value the Underground. Also the reason many choose to still live where there's a tube line.

It's also worth noting buses are much cheaper than the tube and quite accessible compared to a lot of places, though much slower.

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0 pointsyholio7y ago0 comments

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martinald7y ago

My point really is that "even" £8 isn't that expensive in the grand scheme of things. And that money going into the system allows it to work well.

NeedMoreTea7y ago

London is priced as it is because from this year or next, I forget which, it has no government money. All running costs must come from fares and advertising. Prices have changed accordingly.

martinald7y ago

talldan7y ago

It's also worth noting buses are much cheaper than the tube and quite accessible compared to a lot of places, though much slower.

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