Quote:
Originally Posted by Qubert
TCR would be smart to engage in some real estate acquisition and perhaps market to developers some rural stops they can build around. Remember that in the hey days of American and European railroading the majority of profit was from real estate holdings coming from the development of the land around the rail lines. Texas being a highly pro-development, pro-growth state would be suited towards this kind of thing. TCR could recoup the up front capital costs from the development windfalls alone, and create a built-in ridership base. MTR in Hong Kong is a well known example of this in current practice.
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Excellent point, they are looking at real estate ventures in Dallas and Houston, but let's not scare rural Texans anymore than necessary, they are not as pro growth as urban Texas. Let's get the HSR railroad built before looking for a rural city desiring more growth and would like a train station and TOD built near it.