High-Speed Rail Means Real Estate Boom
"[W]e can predict that development of all kinds [will] follow transit lines, especially in large, modernized cities where primary hubs will be located, but also in communities with intermediate and suburban stations.
These new stations could draw a mix of both commercial and residential developments. These mixed-use land developments, or "transit villages," would be enhanced by user-friendly features such as bike trails and walking paths that encourage a live-where-you-work environment that minimizes the need for auto dependency.
In addition, with high-speed rail stations as their anchors, these transit village developments would create a sense of community and vitality with a scope and character unique to the city and its environs."