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A comment on Tram Trains. Parent comment

Re:Tram Trains by enaaem on Thursday July 24, 2025 @03:58AM (#44668176)
In Asia rail companies are also real estate investors. They invest in property around the stations and capture a lot more of the value that a rail line brings to the neighbourhood. I believe America had a similar thing with rail towns.

Where I am from in Europe, the rise in property value thanks to rail lines is captured by lucky property owners. That is why as a free market guy I support subsidising rail and other public transport with taxes, if we don't have the Asian system.

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Re:Tram Trains by FirmwareBurner on Thursday July 24, 2025 @05:21AM (#44668689)
>Where I am from in Europe, the rise in property value thanks to rail lines is captured by lucky property owners.

Sure, "lucky". Lucky as in, I'm well connected and I hear in advance from the politicians where the transit lines will be so I make sure to buy properties/land in those areas, so later I turn out to be really lucky when the government projects just happen to cross over my private land/property.

Funny how that kind of luck only turns out to favor the already wealthy and connected, 100% of the time, and never the poor. How do you call that type of luck?

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