High-speed rail study finds that remote cities benefit from connection to global hubs
Bullet trains fuel real-estate booms, improve quality of life and create other unintended consequences by sharply reducing commute times from smaller cities to large megacities, economists from UCLA and China’s Tsinghua University observed in a new study in China. A similar dynamic, they said, could play out as California builds its own high-speed rail system.
Because high-speed rail effectively brings cities closer together by reducing travel times, it allows people to enjoy many of the benefits of big cities while living in “second-tier” cities far from the pollution and congestion. By making second-tier cities attractive to those who would otherwise flock to global hubs, bullet trains could act as a safety valve for crowded megacities in the developing world and ease the effects of overpopulation, the study authors report. (more…)