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> IMO people consistently underestimate how much public infrastructure is worth. I think you mean “politicians consistently lie about how much public infrastru
by xienze 8y ago
> IMO people consistently underestimate how much public infrastructure is worth.
I think you mean “politicians consistently lie about how much public infrastructure projects will cost.”
- steve_gh 8y agoTransport hubs encourage development. In the UK look at all the satellite industries around Heathrow and Gatwick. Look at the offices being built close to Paddington and Kings Cross stations in London, or Reading. The sensible thing would be for the city to buy up land round the stations, then build offices and lease them. The income would offset the costs.
- masonic 8y agoTransport hubs encourage development. In the Bay Area, compare the degree of development along the BART tracks with development well away from BART (e.g. San Mateo county, Silicon Valley, etc.) Check out the BART tracks from Oakland to Fremont especially.