eduzhai > Applied Sciences > Transportation >

The Impact of Transit Corridors on Residential Property Values

  • Save

... pages left unread,continue reading

Document pages: 18 pages

Abstract: Most of the literature on transit corridors, such as superhighways and tunnels, focuses on the positive externality of transit access (e.g., interstate access, transit station) and fails to isolate the negative externality of the corridor itself. This empirical study examines two situations: one with both access benefits and negatives, and another without the access benefit. The findings reveal that proximity to the transit corridor alone without direct access conveys a negative impact on nearby housing values.

Please select stars to rate!

         

0 comments Sign in to leave a comment.

    Data loading, please wait...
×