2min chapter

Charter Cities Podcast cover image

Market Urbanism with Scott Beyer

Charter Cities Podcast

CHAPTER

Is M T as a Government Agency?

M t as and our septas and our barts are not 75 % privately own. We do not have investors really pushing the line in sayng, hey, let's get as much profit in this system as possible. Government agencies don't have the incentive to be profitable or to be competent. And so what we have is situations like new york. And t a does actually own a lot of land onda system. So does new jersey transit, so does bart i mean, they they have land plots around their system, but they do not develop them densely. And again, because there's no incentive to. There's just a lot of nimbism and those localities

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