Peter Button’s Post

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Business Development Director at WSP

Rail infrastructure projects have the potential to transform the cities and towns.

How are new rail networks boosting the economy?

How are new rail networks boosting the economy?

newstatesman.com

Martin Crichton (BSc.)

Fossil fuel enthusiast that can do Microstation and AutoCAD 2D

1y

yes of course they do...house prices can add up to 30% on their value if located in a town that a new station or line will be built! eg Cross rail did benifit me in that way although it was 4 years late and I sold before I ever used the train services. The trick for the big investors is to buy properties in those towns before planning gets the go ahead....or as soon as.

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Mura Kwan

Graduate Engineer || Building Services, Transport || Achieved Fluency in AutoCAD and DIALux in two weeks

1y

It really frustrates me how "Western" Countries like the United Kingdom and the United States underestimate the importance of railways. Growing up in Hong Kong, I experienced first hand the convenience that Metro Networks bring, and when compared to other public transport modes, such as buses or public vans, railways are the least prone to external factors such as traffic jams.

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