Maybe tangential, but this reminded me of a fun fact about Hong Kong’s metro: it’s funded by land value. They put a station and get some land development rights near it. Well, building the station obviously makes land around it more valuable. So they end up putting stations where they’d be most useful, and fares can be cheap because the metro company makes plenty of money from land. So the end result is cheap, well-planned public transport which is profitable and doesn’t take government money.
Seems the perfect post to link one of the best blog posts I have ever read on the internet: How Japanese zoning works.
https://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
Maybe tangential, but this reminded me of a fun fact about Hong Kong’s metro: it’s funded by land value. They put a station and get some land development rights near it. Well, building the station obviously makes land around it more valuable. So they end up putting stations where they’d be most useful, and fares can be cheap because the metro company makes plenty of money from land. So the end result is cheap, well-planned public transport which is profitable and doesn’t take government money.