Gold Coast light rail study helps put a figure on value capture's funding potential
- Written by Cameron Murray, Economist, The University of Queensland
Value capture actually can work when it comes to funding new transport infrastructure. My research on the Gold Coast light rail provides the figures to demonstrate the size of the gains to nearby land values, which were around 25% of the A$1.2 billion capital cost in stage one of the project.
Value capture is the idea that new transport...
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