Understanding the Metro: Definition and Impact on Property Value
A metro, often known as a subway, is a rapid transit train system designed to transport people within an urban and suburban area quickly. Its presence can significantly impact local real estate markets, often driving up property prices due to increased accessibility and convenience. This article explores what defines a metro system and how it influences the value and development of nearby properties. By examining these factors, one can better understand the strategic importance of metro systems in urban planning and real estate investment.