Hacker News new | ask | show | jobs
by so33 2700 days ago
Actually, no. The MTR’s farebox recovery is over 100%. They make a profit on fares and make even more money on real estate.
2 comments
MrTonyD 2698 days ago
I remember reading that they were able to cover all the costs because of accounting categorizations that they could consider only because they had the real estate. But I don't really know - that's just what some article was saying.
link
masonic 2700 days ago
Okay, that wasn't stated... and that's unheard-of among US transit systems AFAIK.
link