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They could option or purchase land, and decide the route of the tunnel based on what they're able to obtain. That puts them in a position to capture value. It c
by paulsutter 9y ago
They could option or purchase land, and decide the route of the tunnel based on what they're able to obtain. That puts them in a position to capture value. It could also increase regulatory competition among localities.
- nibstwo 9y agoI thought they didn't even need to own the land to build tunnels as long as they do it at the right depth?
- torinmr 9y agoI think the parent was saying that they would buy parcels of land where they planned to build stations, and then profit when that land appreciated due to the presence of the station.
- photojosh 9y agoThe term they're using in Australia when politicians waffle on about an East Coast high-speed rail system that's never going to happen is "value capture".