5 ms·
True. But a non-political solution to affordable housing could be coming soon in the form of rapid transit via Hyperloop. Hyperloop could put deflationary pres
by lex_luthor 9y ago
True.
But a non-political solution to affordable housing could be coming soon in the form of rapid transit via Hyperloop. Hyperloop could put deflationary pressure on housing prices.
If Hyperloop actually materializes, and their route transit times are anywhere near what they say they will be, then real estate prices should decline in the bay area, or at the worst level out.
I doubt people will continue to pay crazy prices in SF when you can commute from almost anywhere on the west coast to SF within an hour on Hyperloop.
http://hyperloop-one.com/routes/ http://hyperloop-one.com/routes/
- Dylan16807 9y agoIsn't hyperloop pretty low-capacity? I'm doubtful of any major effects on housing.
- ucaetano 9y agoNo Hyperloop required, just off-the-shelf, standard rail technology that has been available for the past 30-40 years.
- hypersoar 9y agoHyperloops are a promising whizz-bang idea, but it's not like we haven't developed technology for mass transit. Subways, light rail, and dedicated bus ways all work rather well. The California high-speed rail is obscenely expensive mostly for political reasons, not logistical ones. Furthermore, a Hyperloop might get you from city to city, but then local transit is needed for those last couple miles.
- nerdshoe 9y agoThe Elon Musk Reality Distortion Field is proving to be as effective as the one surrounding Steve Jobs (praise be unto him.)
- yahna 9y agoI wonder how much he spends on PR and other upkeep.
- toast0 9y agoHyperloop routing will be deeply political, same as any other transit system. The stations have to go somewhere, the tunnels have to go somewhere, etc.
- stillhere 9y agoThey'll just raise prices in the exurbs.
- 0xffff2 9y agoSoon? When has a major infrastructure project that hasn't even broken ground ever realistically promised to deliver for any reasonable value of soon? And Hyperloop is far from even being proven feasible, much less breaking ground.
- hatsunearu 9y agoHilarious comment. Hyperloop is literally a bomb.
- thephyber 9y agoOnly in the same way a "car is literally a bomb".