Comment 38346

By lukev (anonymous) | Posted February 22, 2010 at 16:42:23

I've always wondered if they could finance LRT this way:

HSR (or Metrolinx) gets a real estate arm, and buys all underutilized properties along the future route. Once the LRT is open, and land values go up, they sell the properties to developers for a huge profit.

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