Originally Posted by
Ged
Brodie had a self financing idea for the road network by selling off the roadside land frontages for housing.
This was copied from the Metroland, the commuter rail lines run into the fields north of London. The Metropolitan Railway certainly looked to profit from the rail operations as much from house building along the line.
The Met was the ONLY example of private money being used to fund the rail infrastructure by selling off land that rose in value. This model could have been refined to serve everyone's interests. It wasn't.
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Brodie did something similar with roads, with trams on them. but organised by a public body. This was taking inflated land values because of the infrastructure of roads/trams and using it to fund the building of the infrastructure. Once again this success model was not copied.
But, it only provided funds for the construction, not the running maintenance. Full Land Value Taxation would solve the lot and provide top class infrastructure - as Hong Kong and Harrisburg found out.
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