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Friday, November 6, 2009

McDonnell should let the market, not developers, guide transportation policy

Governor-elect Bob McDonnell won well-deserved praise for his transportation plan, but I argue, in my column today, that he didn't go far enough in promoting the role of market forces.
More roads and more lanes spurs more homes and more developments -- and that doesn't alleviate traffic....

Traffic affects people's home-buying decisions and job-seeking decisions. If Route 29 and Interstate 66 are nightmares, many people will decide either to live closer in or work further out. When politicians decide to pave more roads or add more lanes, they aren't alleviating traffic -- they are subsidizing the cost of living in Loudoun and working downtown.

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