In Japan, train companies can earn revenue from rents in surrounding station areas on top of fares. In CA, we can invest billions in infrastructure and subsequent spikes in nearby land/property values are captured almost wholly by the people who happen to own nearby property. https://twitter.com/dangillmor/status/1078168004360171520 …
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Replying to @kimmaicutler
In SF, Blinq, the company that manages real estate for Shanghai, Nanjing, Guangzhou and Hangzhou metros, signed a deal for pre-turnstile real estate in 43 BART stations back in 2015. They said Bart was an absolute nightmare to deal with and are suing now.https://www.google.com/amp/s/www.mercurynews.com/2017/05/31/as-bart-retail-plans-unravel-lawsuit-seeks-millions-of-dollars-for-damages/amp/ …
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