Image: Dukakis CenterSmart Planet points us to a report [PDF] from the Dukakis Center for Urban and Regional Policy at Northeastern University that concludes that new transit can lead to gentrification. My first response was well, duh, isn't that the point? It has always been a rule in real estate development that investment follows infrastructure; if you build good transit and fix roads, people will come. Density will increase. The tax base will improve. Is this not the return on investment that planners want? Is this not a good thing? Apparently some think not, because there are unintended consequences. All those …
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