JR East in Japan operates in the same way: it makes the majority of its profit from the real estate, malls, and hotels it operates adjacent to its train stations.
https://en.wikipedia.org/wiki/Railroad_land_grants_in_the_Un...
This is a part of why there were so many tiny little towns out West which were essentially just a railroad stop and a few buildings.
you can get to hong kong or jspan in hours to days. the train boom is about a century away
Federal and state governments own large parcels of prime NYC, LA, SF, Chicago and other metro land, most of which is underutilized. As an example, they operate or sublease numerous surface level parking lots in those places.
The federal government owns a prime parcel on State Street in Chicago, prime real estate, that is completely abandoned. There are many examples of this.
Your solution is to place this responsibility into the hands of those who have shown complete and utter incompetence across successive administrations?
Especially if the Waymo data feeds back to the government to plan scheduled PT on the most popular routes.