Comment 56356

By Undustrial (registered) - website | Posted January 14, 2011 at 14:15:30

We have to be careful how much we conflate property value assessments and the resulting taxes with "success". It's based on a lot of notoriously unreliable speculation and bureaucracy. Transportation systems cannot be judged based on these factors alone. Sure, it's a nice side-benefit. But the main goal is transportation, and that's how it needs to be assessed, planned and sold.

Do highways raise property values around them? Train tracks? Not through cities. But that's not why we build them - we build them because everyone in a transportation network benefits when the network itself becomes more efficient or effective, even if they never use the bit in question.

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