High-speed rail helped keep housing affordable in Japan. Could it do the same in California?
(Source: CityLab, January 25, 2019)
LOS ANGELES — Japan’s rail network allowed lower-wage workers to access exurban areas where housing development is less expensive. While areas close to stations experienced price increases, in general prefectures linked by rail were more affordable than they would have been without rail. A new study suggests that California high-speed rail could be a boon specifically for workers in the Bay Area and Los Angeles metros that find themselves priced out of increasingly unaffordable central cities.
Full story: CityLab
Tuesday, January 29, 2019
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