alt Hacker NewsI think most economists would contend that the value of the subsidies is largely captured by landowners. Public investment, private profits.
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adgjlsfhk1 • yesterday at 6:32 AM
and that's why property tax exists (land value tax would be better, but anyway).
is it though?
the person riding transit benefits themselves, and their landlord, and the people driving.
they also benefit their workplace, by both working there, and not having to store a car there, and then anywhere they spend money at their destination, or the transit stops they used.
the value of the transit line is all over the place