Vancouver, Fund Transit with Property! 
Thursday, February 28, 2013, 8:26 PM - Urban Design
Posted by Administrator
If they are serious (and at all smart) about alternative funding sources for transit (if people can get their heads out of taxes as the only funding source), then the Metro's cities and TransLink should start buying up some property and developing currently held property.

We need to start adopting the the Hong Kong funding model for transit: property development and holdings. The MTR acts as a real estate developer and business company, in addition to a transit operator. MTR actually MADE almost $15 billion HKD in profit in 2011.

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