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Should Citi Bike raise its prices?

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Citi Bike, the cycle-sharing system that launched just under a year ago, was a hit out of the gate. But the system is losing money, and the operator is considering a price hike, new Transportation Commissioner Polly Trottenberg said recently. Currently, it costs $95 for an annual membership, which allows an unlimited number of 45-minute trips. A seven-day pass costs $25, while the daily variety goes for $9.95. Some are calling for government subsidies instead, noting that it is a popular means of transportation, and bike-sharing operations in other cities get them. Note: There is a poll embedded within this post, please visit the site to participate in this post's poll.


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