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I am in no position to judge whether UK taxation is fair and reasonable, but will the increase in property value result in increased property tax collections ov

I am in no position to judge whether UK taxation is fair and reasonable, but will the increase in property value result in increased property tax collections over the following decades? That is one way the beneficiaries will contribute to the expenses. Most urban transit systems are publicly subsidized in order to keep down the cost to riders, which is of most benefit to the less well-off. Even people who do not live or travel in a big city benefit from the economic activity and revenue they generate. Public transport, if implemented reasonably efficiently, can justifiably be called an investment.

vertex-four 7y ago
If you own your home, you only pay tax ("stamp duty") when you sell it - there isn't a land value tax or similar. There's also a local council tax based on property value, but that has a cap.
- isostatic 7y ago
  Not even that -- you pay tax when you buy the home. Buy a house for £300k with a 270k mortgage, pay £5k stamp. Crossrail increases it to £600k. Sell the house, repay mortgage, buy new house elsewhere for £300k, pay £5k stamp, and you've suddenly changed your £35k into £325k.