In general, rail projects are considered to increase property values. In fact, I&#x27;ve read the argument that light rail isn&#x27;t really cost effective vs. dedicated bus lanes but the commitment associated with a rail line makes often makes it preferable for planning purposes. (In that buses, in addition to having a lower-class image, can always have their routes altered so--the argument goes--people won&#x27;t make property decisions based on bus lines.)