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It's possible to build transit first, if the transit company can also buy the real estate at the terminus, and if the transit company is a private company (not
by chrischen 9y ago
It's possible to build transit first, if the transit company can also buy the real estate at the terminus, and if the transit company is a private company (not sure if it's feasible in the US).
But for government owned transit, it's not possible to speculate or prospect transit lines, so it has to come after density is developed first.
- Kalium 9y agoIn the US, transit lines are almost always government-owned.
- chrischen 9y agoThere are private transportation vectors like the Ambassador bridge in Windsor/Detroit. I'm not sure why in our instances we end up with them trying lobby to block competing bridges from being put up while in Japan most of the transit lines are private and work spectacularly well. But the US has probably the biggest private Subway franchise in the world, if you count Subway restaurants ;). It's probably something to do with the black and white view of free-market vs government regulation we have in the US. Everyone's gunning for all one or the other.
- thescriptkiddie 9y agoIt is absolutely possible for governments to do that. https://en.wikipedia.org/wiki/Value_capture https://en.wikipedia.org/wiki/Value_capture