nfitz
Superstar
Inflated using which index? The consumer price index - which is for the price of groceries and clothes? Or the construction price index, which is for construction?View attachment 629150
Please read carefully. The charts are inflation adjusted.
The point here isn’t just that transit plans have changed over time. It’s that our reactionary approach to cost control, constantly cutting the scope of projects at the expense of transportation utility, hasn’t produced lower costs at all. The dogmatic belief that “LRT is always cheaper than subway” completely ignores the actual reasons behind cost escalation and has resulted in poorer material outcomes.
One is much higher than the other for the last few decades.