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In China, during the past decade, the property prices always rise even from just a hint of a new subway station. So blocking development of new routes/stations
by netheril96 9y ago
In China, during the past decade, the property prices always rise even from just a hint of a new subway station. So blocking development of new routes/stations is just dampening the housing price, the last thing most homeowners want.
Of course, in the United States people are more comfortable with their own cars, and less reliant on public transport. So the effect remains to be seen.