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To: Kaslin
The main purpose of building any fixed-rail transit system is to enhance property values around the stations. Any other assessment of this infrastructure that is based on comparing the cost of the system vs. the fares paid by the riders really isn't relevant.

The big problem comes when the government agency running the system can't pay the operating costs to run the service. This is happening in some older cities with growing operating costs for their systems (Philadelphia and Pittsburgh are good examples of this). The Federal government offers big matching funds to build the system, but once a system is built the state or local government is on its own.

13 posted on 07/25/2015 11:56:40 AM PDT by Alberta's Child ("It doesn't work for me. I gotta have more cowbell!")
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To: Alberta's Child

when your hood is now a target of free-ranging urban ferals, taggers and break-in artists, it’s hard to see how the property values increase (though there may be some lucky exceptions, I’m sure


16 posted on 07/25/2015 12:21:00 PM PDT by telstar12.5 (...always bring gunships to a gun fight...)
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