high-speed rail improves quality of urban life

Economists studying the effects of implementing high-speed rail systems say that the benefits to people and places where they are built make the technology a winning infrastructure investment. Public policy and economics experts from UCLA and China’s Tsinghua University conducted the study, which looked at the results of China’s investments in an expanding high-speed train network. Bullet trains traveling an average of 124 mph or higher began operating in the country in 2008. Their analysis, published in the Proceedings of the National Academy of Sciences, found that the technology fuels real estate booms, reduces commuting times for those traveling to major cities, and eases congestion in major cities while giving smaller towns greater access to metropolitan hubs. They say high-speed service to “second-tier” cities makes them more attractive to people who would otherwise migrate to major urban centers, creating a “safety valve” in metropolitan areas all over the world where population is rising. source: http://www.businessinsider.com/high-speed-rail-improves-quality-of-life-2013-3 Read more: http://txchnologist.com/post/46341972156/bullet-trains-bring-major-benefits-to-wide-area-study#ixzz2su8C6FdJ