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Yeah, it's called private development. Just look at Brightline. Or privatized railroads in Japan. Most of the profit comes from owning real estate (usually the
by Grue3 8y ago
Yeah, it's called private development. Just look at Brightline. Or privatized railroads in Japan. Most of the profit comes from owning real estate (usually the railway stations) redeveloped into business and shopping centers, which thrive because of easy access to transportation. This real estate pays for itself, subsidizing the train operations which might be unprofitable by themselves.
- jdhn 8y agoI agree that private development like Japan is the way to go, but outside of the Brightline, it seems like nobody in the US is doing this. The only real estate that the HSR line in Texas seems to buy is land for the tracks, but not any real estate around the station.