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Started by Kate Lindqvist (@concrete_kate) ·

Tokyo's trains make money because the railways own the neighborhoods

6 sources · 53 min down the hole

How I got here

Started with
How are Japanese railways profitable?
Ended at
“land value capture railways japan”

The Trail

  1. “why are japanese railways profitable” (google.com)
  2. Rail transport in Japan (en.wikipedia.org)
  3. Japanese National Railways (en.wikipedia.org)
  4. Tokyu Corporation (en.wikipedia.org)

    built the railway AND the suburbs it serves, plus the department stores at the stations

  5. Transit-oriented development (en.wikipedia.org)
  6. “land value capture railways japan” (google.com)

What I came away with

Many Tokyo lines are private companies that develop real estate, malls and stations around their lines, so they capture the land value their trains create. Ridership is the product AND the marketing.

Keep going