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When It’s Finally Built, These 35 Cities Will Skyrocket In Property Value

You didn’t come here for investment advice, but a good rule of thumb I have is this: If any company or technology can effectively sell you back your TIME, that is one company you should invest in. Amazon allows you to shop within the comfort of your home, avoiding wasted time traveling through crowded shopping malls. Uber (probably not a good investment anymore now) gives you an on-demand taxi service, saving you from waiting and looking like an idiot while hailing cabs. Aside from the end products/services, these companies sell you convenience and time so you can do other things.

Hyperloop One Global Challenge

So when Elon Musk, the brains behind highly successful companies like PayPal, SpaceX, and Tesla, announced way back in the summer of 2013 of the Hyperloop concept, a mode of transportation he claims will take you from San Francisco to Los Angeles in 35 minutes, I spat my drink. When/If that becomes a reality the transportation industry as we know it will be completely transformed.

Hyperloop One, the only company attempting to build an operational and commercial Hyperloop system, has been assembling a large team, which by year’s end they hope to compile 500 engineers, fabricators, scientists and other employees to bring the technology to life. To help gather that team, the company put together the Hyperloop One Global Challenge

The Hyperloop One Global Challenge kicked off in May 2016 as an open call to individuals, universities, companies and governments to develop comprehensive proposals for deploying Hyperloop One’s transport technology in their region. Five of the proposals – including those from Texas, Florida, Colorado, Nevada and Missouri – involve officials from their state Departments of Transportation.

Proposed routes that would greatly reduce passenger and cargo transport times across some of the country’s most heavily trafficked regions including Los AngelesSan Diego, MiamiOrlando and SeattlePortland. The longest distance proposal, CheyenneHouston, would run 1,152 miles across four states, reducing to 1 hour and 45 minutes a journey that currently takes 17 hours by car or truck.

Hyperloop One’s panel of experts in transportation, technology, economics and innovation are considering the following route proposals:

Proposed Routes

ROUTE NAME    

PROPOSING TEAM      

ROUTE LENGTH

Boston-Somerset-Providence     

Hyperloop Massachusetts                                        

64 mi

Cheyenne-Houston                 

Rocky Mountain Hyperloop Consortium                         

1152 mi

Chicago-Columbus-Pittsburgh     

Hyperloop Midwest                                                     

488 mi

Colorado Front Range/ Mtn. Network   

Rocky Mountain Hyperloop                                

360 mi

Colorado Front Range             

Colorado Hyperloop                                                     

242 mi

Kansas City-St. Louis               

Hyperloop Missouri                                                       

240 mi

Los Angeles-San Diego          

Hyperloop West                                                             

121 mi

Miami-Orlando                         

Hyperloop Florida                                                           

257 mi

Reno-Las Vegas                          

Hyperloop Nevada                                                      

454 mi

Seattle-Portland     

PNW Hyperloop                                                                              

173 mi

Texas Triangle                       

Hyperloop Texas                                                           

640 mi

Affect On Property Value

Just like how property values can be affected by major transportation hubs like trains, subways, and rail stations. We can expect the 35 cities along the Hyperloop routes to skyrocket in value. Suddenly, people living in those areas will not just have a faster mode of transportation, but they’ll be provided with more choices, more convenience, and most importantly more time.

Technical Challenges

Watching the banker suck your signed checks through vacuum tubes certainly lends credence that the Hyperloop technology will work. But taking that idea and applying it to a human scale creates many technical and logistical challenges. Here is a short list of worrying questions that we’re certain the Hyperloop One team will have to address:

How can you ensure low-pressure vacuum throughout the ENTIRE route, which spans hundreds of miles?

What kind of energy will be required to generate the vacuum and propel the subway train sized pods/capsules?

And will it be economically feasible?

What are some of the possible failure modes?

What can be done to prevent those failures?

What are the security measures that prevents bad actors from sabotaging routes?

How catastrophic will Hyperloop accidents be?

Before this breakthrough mode of transportation comes to fruition there is certainly plenty of challenges ahead. Regardless, these worries were talked about when we began riding cars, trains, and airplanes.

Do you live near these cities? What do you think about this technology and how it will impact your daily life?

(Source: PRNewsWire)

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About Hansen

The engineer amongst the crew, Hansen once built a mini baja car with his bare hands. Hansen had the opportunity to join Honda’s R&D team in Ohio but chose the life of the east coast and the defense industry instead. A die hard auto enthusiast he religiously follows the auto industry and loves long walks in the auto shows.

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