Overzeetop

Cheapest city with moderately decent public transit is probably Washington DC. With an average home price comparable to the one I live in without public transit of about $600,000 more than my current home. Even if I didn’t own my truck outright (8 years old, 58k miles) and the price of gasoline doubled, my payback period for 100% free public transit is greater than infinity with a 5% cost of money calculated in.

It’s a bit like solar. I’ve run the numbers, and had others run the numbers, and the conclusion is that it would require replacing solar panels twice before I made back my investment, even with a 0% loan for the panels and install.

I’d love to be part of it. I’d love to have European-style public transit. Even in the few places where viable public transit exists in the US, it’s not affordable to move to those places. shrug

If only I could afford to live near transit…