With Sydney house prices 12.9 times the median yearly household income [1] second only to Hong Kong (SF is 9.1, Hong Kong is 19.4, San Jose is 10.3 and Vancouver is 12.6) would value capture make a similar high speed project work in Australia? Is the cost in the infrastructure or the rolling stock?
Something like Newcastle <-> Sydney <-> Wollongong?
[1]: http://www.abc.net.au/news/2018-01-22/australian-housing-una...