Japanese rail is almost all privately owned and operated, to the best of my know...

		barry-cotter on April 2, 2019 \| parent \| context \| favorite \| on: Trains are more efficient and less polluting than ... Japanese rail is almost all privately owned and operated, to the best of my knowledge. It makes its profits off of capturing the increase in land value by being the landlord around its rail stations. That model is illegal in the US so rail has to be subsidised.

That is also how the trans-continental railroad in America was financed.