Under this vision the acela train would no longer

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Unformatted text preview: $2.3 billion in stimulus funds toward a proposed line linking San Francisco and Los Angeles by way of the Central Valley. The money is earmarked for construction, land acquisition and engineering and it follows the $9.95 billion allocated by a state ballot initiative. If and when the line is completed by 203 0, riders will zip between the two cities in 2 hours and 38 minutes and pay less than half what it would cost to fly. But that convenience could increase emigration from California’s urban centers to the exurbs and beyond. In other words, it could lead to more sprawl. An example of this can be seen in cities like Palmdale, which is 58 miles north of Los Angeles. By cutting the commute time between those two cities from 1 hour and 25 minutes, to 27 minutes, outward growth of the Los Angeles area will undoubtedly continue. It’s easy to see why — home prices in Palmdale are more than half of those in L.A., and high-speed rail could make getting downtown as quick and easy as living downtown. Pushing people further into the exurbs runs counter to a major goal of high-speed rail, namely cutting our carbon output while creating denser, more sustainable communities. 20 | P a g e High Speed Rail Negative BDL No Solvency – Urban Sprawl Turn – Answers to: Urban Sprawl Increasing Now [____] [____] Urban sprawl is decreasing now due to high transport costs Kidd, real estate development advisor, 2012 (Judson Kidd “The Re-Urbanization of Atlanta” May 6th 2012 Coldwell Banker NRT Development Advisors.) The Unites States Census Bureau recently released updated population estimates for the first time since 2010, and the results were quite surprising. Despite signs of economic recovery and nearly two years after the technical end of the recession, a reverse trend has developed. The exodus of buyers to the outlying suburbs where homes are larger is over. In fact, the annual rate of growth in American cities and surrounding urban areas has now surpassed that of the suburbs for the first time in over 20 years. This decrease in population in outlying areas or “Exurbs” is due to various factors. For one, the substantial loss in home values in these areas has buyers looking for property with increased price stabilization and higher short -term ROI potential. W ith foreclosure inventory nearing the bottom within the I-285 corridor, market sales are on the rise and taking prices along for the ride. Energy costs have a direct impact on this new trend as well. The high cost of gasoline discourages long commutes, and larger suburban homes generally come with higher heating and cooling costs. Finally, young buyers prefer an urban location, and with the emergence of the “Echo Boomers” as the next wave of new home purchasers, this trend is likely to continue. 21 | P a g e High Speed Rail Negative BDL Spending/Taxes Link [____] High speed rail costs hundreds of billions just for a small section of line and isn’t self supporting even in the most heavily trafficked areas Washington Post 2012 (Amt...
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This document was uploaded on 02/06/2014.

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