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by AnthonyMouse
200 days ago
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That's assuming there is nothing else on the ledger. Suppose you have to choose between a suburban house without any convenient access to mass transit (i.e. you're going to have to drive everywhere) or a more expensive unit which is closer to the city and is near a transit stop. Paying $40 for parking is going to offset the cost advantage of the less expensive housing and leave a lot of people near the breakeven point, and then a $100/mo difference in transit fares could be the deciding factor. |
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rich people (of which boston has plenty even in the burbs where average house prices are 800k+) pay to avoid existing near poor people. they think they are going to get stabbed on the subway.
if the subway was faster, safer, cleaner, but more expensive, more people would use it.