Re: Private-Public Spaces
Posted:
Tue Jul 25, 2017 9:46 pm
by John Galt
Life expectancy of a road is 39 years, 26 if asphalt. So we're talking at least 2 replacements of all 80 miles, or roughly a total of 2000 Lane miles being replaced, during the lease of 75 years. This means about 10 billion Canadian dollars, if the road lasts long. Of course, that kind of area gets shit in the winter so I'd expect a lot more maintenance than that. Plus costs of plowing and salting, maintenance for lights, rest stops, etc. These costs are only on the people using the road, instead of the taxpayers at large, enabling the government to spend money on other things
Re: Private-Public Spaces
Posted:
Wed Jul 26, 2017 8:09 am
by John Galt
leasing has absolutely f**k all to do with liquidating
Re: Private-Public Spaces
Posted:
Wed Jul 26, 2017 8:43 am
by exploited
There is basically no difference between liquidating and leasing in this instance. The government leased the road for a century, for one third of it's true market value, after paying for it to be built ($1.6 billion) and buying the required land ($100 billion+), and is now missing out on nearly a quarter billion in revenue every year. You might as well take dump trucks of tax dollars and just burn it.
Re: Private-Public Spaces
Posted:
Wed Jul 26, 2017 11:49 am
by John Galt
shit you're right. this means it's closer to 15B in repairs needed over the life of the road