Comment 121066

By kental (registered) | Posted April 04, 2017 at 09:19:22 in reply to Comment 121063

Note that property tax automatically accounts for relative increases in land value

Excellent point. If this is taken into account in the calculation, it would make my proposal even better.

I believe this is called tax increment financing. The importantpart part (for the suburbanites), is that it would not affect their tax in the bs scenario where lrt is a money pit.

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