Beyond the Surface: Why Cities Invest Billions in Subways to Solve Congestion, Climate, and Land Use Crises

This enhanced property value translates directly into a financial benefit for the city, as the capitalization of accessibility generates higher property tax revenues. Real estate near a convenient metro station often commands a premium, helping to justify the massive public outlay required for the initial construction. Essentially, the infrastructure pays itself back indirectly by creating a more valuable, functional urban environment.