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No, I believe the way it's done in Asian countries is that public transportation is run by (usually) private companies that have the right to develop the land.
by throwawaymaths 4y ago
No, I believe the way it's done in Asian countries is that public transportation is run by (usually) private companies that have the right to develop the land. Thus the incentive is to put things on top of transit which align with what commuters need. In Singapore, for example the pad around every station typically has a hawker stand (food court), drugstore, supermarket, which are the things you might need on your way home.
- NegativeLatency 4y agoThe US used to work like this, developers would build streetcars to connect suburbs of cities and make it profitable to sell lots to build houses on. https://en.wikipedia.org/wiki/Streetcar_suburb https://en.wikipedia.org/wiki/Streetcar_suburb I live in one but unfortunately there’s no streetcar anymore.
- nephanth 4y agoTokyo works that way. Here's a good article I read about it: https://pmpstrategy.com/en/insights/publications/item/725-tokyo-est-il-l-avenir-des-transports-europeens-2 https://pmpstrategy.com/en/insights/publications/item/725-to... They do, however, mention some bad externalities at the end