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Here in Japan, JR and the other train operators are extremely profitable, since they also act as developers in the land over their stations, so obviously they b
by presentation 6y ago
Here in Japan, JR and the other train operators are extremely profitable, since they also act as developers in the land over their stations, so obviously they build and profit from shopping, apartment and office towers on every station. Which makes sense - you didn’t ride the train just to ride a train, you rode it to go somewhere.