[2001 ZTS]

OAC_Sparky,Apr 26 2008, 07:23 PM Wrote:An average modest house in TO would be about $300G. Can't really afford that on $10 an hour.


If the TTC wanted to be self-sustaining, the monthly fare should be somewhere around $200 a month. Which, considering the price of a car, insurance, gas, parking is still a bargain.
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You're low ballin', I am told my modest bungalow is $600G and I am out in the east end, darkpuppet, naz and Sangria *cough* have seen it and modest is the word. Still, from a G8 perspective real estate in TO in particular and Canada as a whole is still undervalued despite it all.

I totally agree with your statement about fares being unrealistically low. What has happened is that they are being maintained artificially low in an attempt to attract people like me out of cars. It ain't working like much else about the system. The only time I take the TTC is when I am too bombed to drive, my commute is 1/2 hour shorter by car than by transit, 15 min as opposed to 45 and including gas probably cheaper than the TTC month by month since the cars are payed for, I get free parking and my distance travelled is <5km.