Charlotte’s LYNX is a rolling, Freddie Mac, apparently. Check it out:
"A Lucky Few Commuters Gain, but Taxpayers Pay for Charlotte’s Light Rail: JLF report offers first assessment of LYNX’s real impact
RALEIGH – Taxpayers are picking up more than 90 percent of the tab for a lucky few commuters riding Charlotte’s LYNX light-rail line, despite the train’s limited public benefit for traffic congestion, air quality, or land use. That’s a key finding in a new John Locke Foundation Policy Report.
"When you combine both operating and capital costs, the total cost per trip on Charlotte’s LYNX line is about $6.90, and the weighted average fare is about 60 cents per trip," said the report’s lead author, David Hartgen, Emeritus Professor of Transportation Studies at the University of North Carolina at Charlotte. "That means the taxpayer is subsidizing about $6.30 of every trip taken on the LYNX line. Riders are paying just 8.7 percent of the cost. (…)""