ya but subways are hardly the only kind of transit out there, you know?
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Replying to @380kmh
Very different from the transportation-real estate synergy that exists in Japan and Hong Kong.
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Replying to @380kmh @alon_levy
American transit providers--even where they DO own real estate--don't think of themselves as developers
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Replying to @380kmh
Translink isn't a developer, but encourages TOD on top of its stations, and this has led to high ridership on SkyTrain.
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Replying to @alon_levy
encouraging development = acting like a developer at one remove; that ridership is good but they could also use the revenue...
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Replying to @380kmh
Hongkongers aren't happy about how the MTR gets land to develop without a competitive bidding process.
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Replying to @alon_levy
Yeah, that's Hong Kong's problem--too small areawise for there to be multiple transit providers
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Replying to @380kmh @alon_levy
plenty of different private transit companies in the Tokyo area, the Nagoya area, the Osaka area, etc
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Replying to @380kmh
The Nagoya area has JR Central, which has little real estate and lives off of Shinkansen profits.
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are you forgetting Meitetsu and Kintetsu? plus a couple of smaller ones
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