And we're back!
Started by Syt, May 01, 2023, 02:15:03 AM
Quote from: Josquius on May 24, 2023, 10:08:21 AMThe slant I'm reading here is "Bloody trains pushing up the prices for locals!"But the actual lesson behind all this I'd take is that it clearly demonstrates transit oriented development and in general improving transit links is a good idea (tm).
QuoteIn other contexts this is what is called gentrification.
Quote from: Gups on May 24, 2023, 10:55:58 AMThat definitely works for London where the property price increase can offset, at least partially, the cost of tunnelling and large capacity stations. Unfortunately the main new schemes (Crossrail 2 and Bakerloo Line Extension) are dead in the water. For the Bristols, Manchesters, Leeds, Birminghams etc the commuting requirements are just too different. You don't have the necessary density in suburban areas - a lot of commuters are coming in from surrounding towns and villages from every direction. For example, there's no way of designing a sensible commuter transit system to link Bromsgrove, Kidderminster, Leamington Spa, Lichfield etc to B'ham. The best you can do is tram systems for the suburbs and immediately neighbouring towns which don't have a significant effect on property prices or unlock a great deal of additional density.
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