Project description

Land values and property prices around high-speed rail stations would increase by potentially up to $140 billion � a significant portion of which could be dedicated to funding its construction. High-Speed Rail Value Uplift: Preliminary Investigation Report, released this week from the UNSW City Futures Research Centre, calculates estimated growth � or �value uplift� � in land values due to the high-speed rail. It suggests adopting policies that funnel economic growth from the high-speed rail towards offsetting its costs would see taxpayers share the benefits of land value increases while reducing the pressure on governments to finance it.

Project aims

Project outcome