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Ask Curbed: Buying on the Purple Line

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Here's a reader planning far ahead (only ten years, if the mayor has his way). He writes, "I am thinking of buying a single-family home that’s a block away from a proposed future purple line stop on Wilshire. I see being close to transit as being a plus but some friends have cautioned me that having a stop near my house will reduce the property value because it will spur further development in the area and bring in more foot traffic. I’m wondering what your readers think."

There's also construction to worry about in the shorter-term. And the sea levels being up around West Hollywood by the time the line opens. And raging, unpredictable wildfires. And swine flu. But anyway, how close is too close to transit?
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