Transit reflections

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The value of property near transit rises, this is captured in property rent. The economic beneficiary of transit is the landlord. The real free rider is not the rider, who already pays in rent burdened prices. The real free rider is the landlord, who captures the value of transit without paying for it. Transit fares imposed on riders is a form of class antagonism. It’s purpose is not to fund transit, but to create economic barriers to urban mobility.

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