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by asark 2548 days ago
This is explicitly a reason some people in the suburbs don't want public transit to expand out to them. Some'll tell you. No public transit effectively puts a floor on how bad things can get, crime-wise, school-wise and, therefore, property-value-wise (each feeds back into the others, of course). Provided the property starts out pretty expensive, anyway—obviously doesn't apply to the actual sticks.
1 comments

This isn’t exactly an unfounded principle.