then you don’t. This was brought to mind back in June, when a speaker at the Metropolitan Conference on Public Transportation Research reported a conversation with the former Mayor of Curitiba, Brazil. The Mayor said something to the effect of “It is fortunate that we in Curitiba don’t have as much money as you have in Chicago, because if we did we would waste it.”
Maybe the same thing is happening in North Carolina, where the [Research] Triangle Transit Authority was unable to secure Federal aid for their proposed rail line, so apparently they’re working with a developer to get some of the land value increase. I say apparently, because the article in Metro Magazine isn’t very clear and I’ve been unable to find anything else.