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Life and government isn't this simple. Subsidizing metro draws in high-income earners and thus builds the economy and increases tax revenues. The stratospheric
by mamurphy 8y ago
Life and government isn't this simple. Subsidizing metro draws in high-income earners and thus builds the economy and increases tax revenues. The stratospheric price of housing near Metro stations increases real estate tax revenues as well.
- inferiorhuman 8y agoThe increased cost of housing near transit also reflects that various costs associate with sprawl no longer have to be funded (e.g commute time, roads).