3 ms·
* buy plot of land * build public transportation to reach land * sell land for higher price due to good access with public transportation * use profit to pay
by turbinerneiter 6y ago
* buy plot of land
* build public transportation to reach land
* sell land for higher price due to good access with public transportation
* use profit to pay back loan for building public transportation
There is some city in Asia (I know^^) that uses this playbook very successfully, sadly I can't find the article where I learned about it anymore.
- pharmakom 6y agoThis is what Hong Kong does. It can never be a fully private system though bevause the government must apply zoning and permits to potential new lines.
- turbinerneiter 6y agoI have no problem with _public_ transportation not being private. There is too much private anyway when it comes to land-use. Obviously you have to ensure to avoid the common pit-falls of government run (or intervened) companies, but we have decades of knowledge about this now and should be able to design better systems.