The free market model is to built transit first. You buy cheap land somewhere and build a rail line or metro to it, so the land value increases. At the same tim

The free market model is to built transit first. You buy cheap land somewhere and build a rail line or metro to it, so the land value increases. At the same time you develop your real estate there. That's how it began with American rail towns and it is also why Japanese rail and metro companies are also real estate investors.