Property values only increase “around tram stops” and not “along tram tracks” if the stops are wide spaced. This is significant because although the property values will increase up to 400 metres from a stop, in all directions, the graph is a “distance decay curve” with quite a steep downward curve. The real property speculation money is made very close to the stops.
• Bob Chard – Town Planner and Transportation consultant. Member of UK Tram (Ultra Light Rail Group) 2012-present. M.A. Geography, Oxford University, Dip. Ed, Education, Oxford University, Dip. T.P., Town Planning, Liverpool College of Building, 1968. B.A., Environmental Science, Open University, M.Phil., Architecture, York University IAAS. Bob Chard has over 40 years experience working as a town planner in UK and overseas; in local government, as a consultant and teaching in polytechnics and universities. For the last 20 years he has worked mainly on major transport infrastructure developments in London and the south east; with particular responsibilities for town planning and environmental aspects of project development and evaluation. He has particular expertise in:-
Consents procedures for transport infrastructure developments
Environmental resources protection and management
Town planning legislation; government policy and advice