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By adam1 (anonymous) | Posted July 14, 2008 at 16:47:22
let's compare property values on streets that run parallel and are in close proximity to one another:
Bay (1 way) vs Caroline (2 way)
Queen (1 way) vs Locke St (2 way)
Aberdeen (2 way - or extreme traffic calming measures in the 1 way section) vs Main or King (1 way)
In most cases you find at least 15% higher property values on 2 way streets. Even if you are the type who only cares about tax revenues and the bottom line, it is a no brainer. 2 way streets have higher property values and therefore pay more property taxes. Forget about the street life, cultural value, ease for visitors exploring the city...
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