2 ms·
> I think I heard somewhere that the rail operator(s?) in Japan (like Hong Kong) own a lot of real-estate close to the stations. NJB mentioned it during their
by masklinn 2y ago
> I think I heard somewhere that the rail operator(s?) in Japan (like Hong Kong) own a lot of real-estate close to the stations.
NJB mentioned it during their recent japan video (https://youtu.be/6dKiEY0UOtA?t=964 https://youtu.be/6dKiEY0UOtA?t=964) but I'm sure they're far from the only one.
> This is something else that the UK could learn from other countries. Because by just operating trains it is hard to make back the money needed to build and maintain the infrastructure. Its almost like the inverse of the tragedy of the commons, where instead of externalising costs, the UK is externalising the profits of these works.
Yeah, the other way is the "classic" european way of the train being a state monopoly operated as a benefit to society, in which case it doesn't really need to "make back the money", because the economic value it builds for the country is the "profit margin". Sadly the deregulation sprees of the late 90s have mostly consisted of selling off the crown jewels or setting up weirdo groups engaging in growth for the sake of growth with no regard to socioeconomic benefits for the people.