Quote:
Originally Posted by jmecklenborg
I'm not sure what you're getting at here. Somebody claimed that there is some sort of buy-low-sell-high switcheroo in the works. There isn't.
The sections of high speed passenger rail through rural areas far from stations do not improve the value of nearby land and arguably damage its value.
|
Why does HSR cause a loss of value if nearby properties? Got any examples or studies stating so? I'm pretty sure cows, hogs, horses, and goats do not care.
Admittingly, higher property values should be located by the stations, two of which (Houston and Dallas) are already in urban areas.