Proximity to rail equals higher property values?

What’s old is new again. Estately, one of the best real estate search sites out there puts forth this as fact -

When buying a home, living near rail lines is better.

I wrote about mass transit’s ability to increase property values in May of 2005, in which I linked to this story at RCG.* I wonder what the Anti-planner would say about this.

What Estately are doing falls in line with a story I have scheduled to post on Thursday this week – stay tuned.

*For real estate blog geeks (like me) the first line of my post in May ’05 is intriguing to me – “Found this blog today with a very interesting story about the above subject -” “this blog” is the venerable Rain City Guide.