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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (304697)	3/8/2011 11:04:20 AM
From: Valuepro	Read Replies (1) \| Respond to of 306849

What a bunch of BS. Mass transit programs seldom pay off. My wife once worked opposite a mass transit station in a major city. In driving to work, she would drive right by the new mass transit station in our suburban neighborhood. Driving to work routinely took her 20-25 minutes. Taking the train would take an hour and ten minutes. Totals for the day (door to door), 50 minutes driving at the most, 2 hours and 20 minutes by train. Timed saved by driving = 90 minutes daily! And the cost savings was not nearly enough make the time difference worthwhile, forget the higher sales taxes that the county approved to pay for the transit system. New Mass transit programs are good for the construction industry, unions, merchants near the stations, and they often come about to assist urban sprawl because outlying lands are where the powerful real estate interests have their investments. "If you build it, they will come." The writer's plan may help urban real estate, but it is not the panacea suggested, IMO. VP in AZ