Carless in Seattle explains what I couldn’t figure out from the P-I article on the ULI report last week. I wrote that I couldn’t understand how the shortfall was just $800 per person, less than the cost of the any of the major road or rail projects in the region. But CIS explained the missing piece: it’s $800 per person per year. Wow. That’s a lot of money, more than four times the cost of the failed Prop. 1 measure from last year.