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As I mentioned in the GGGP comment, they don't just build the railroad; they develop most of the parcels before they sell them off. Several buildings they do no
by mitthrowaway2 3y ago
As I mentioned in the GGGP comment, they don't just build the railroad; they develop most of the parcels before they sell them off. Several buildings they do not sell; they for example tend to build shopping malls, hotels, and apartment complexes directly around the station, and hold onto those, leasing them out to businesses, or operate them themselves. Railroad companies in Asia are much less conservative than in the West, where they mostly have shed all their business except slow freight.
- LegitShady 3y agothen those companies are not scaling up in tech bro style with a minimum viable product and looking to sell services, they're laying out tens or hundreds of millions of dollars on real property and construction before making any back. They're not tech bros and they're not doing what they do through tech. You aren't going to beat them with this one cool AI trick you discovered in an LLM. They have people on the ground moving millions of tons of earth, designers working years in advance to plan all of this, applications to government for approval etc. This isn't "magic construction sauce" that allowed them to do it. Its massive amounts of money, labour, time effort like every other construction company. You won't disrupt them if you aren't better at their business than they are.