alt Hacker NewsDo you mean that nobody wants property values go up? The government gets more property taxes, because properties near transit stations are more valuable than in other places.
Do you mean that nobody wants property values go up? The government gets more property taxes, because properties near transit stations are more valuable than in other places.
Yes, if you don't intend to sell, and actually want to live somewhere, higher property values just mean higher taxes (or if constrained like with Prop 13, declining services).