Saturday, September 10, 2011

Huge London Rail Project Will Boost Real Estate Values

Talk about transit-induced-development, on a massive scale.

As I have mentioned, the British have this wacky notion that transit has value.

This has been going on to a lesser extent in most American cities where light rail is being built, and was an historic element of the country's western push a long time ago, but is stalled in Milwaukee, where right-wing politics has trumped retail, commercial and residential growth and jobs near corridors and stations.

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