Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Light Rail Impacts On Property Values
Download Light Rail Impacts On Property Values full books in PDF, epub, and Kindle. Read online Light Rail Impacts On Property Values ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Light Rail Impacts on Property Values by : Elizabeth Cochrane Campbell
Download or read book Light Rail Impacts on Property Values written by Elizabeth Cochrane Campbell and published by . This book was released on 2011 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Light rail transit (LRT) systems are tools to help reduce traffic congestion and air pollution, promote high-density development and more affordable housing, and curtail urban sprawl in metropolitan cities throughout the United States. The impact of transit system services on property values has been studied from various perspectives using many statistical approaches. There are two general categories of effects that proximity to a light rail system can have on the value of residential properties: accessibility benefits (experienced in close proximity to the LRT stations) might increase property values, while nuisance qualities (experienced in both proximity to the LRT line and stations) could have a negative effect on residential property values. Due to the opposing nature of these coexisting effects, results from many empirical studies have been contradictory or inconclusive. This report reviews the spectrum of results found by the growing body of literature focusing on the capitalization effects of rail stations on property values. The economic effect of one particular LRT system, the 7.5 mile long METRORail line located in Houston, Texas, on the value of properties within close proximity to rail stations has not been thoroughly examined, as it only opened for service in 2004. This study utilizes property data acquired from the Harris County Appraisal District (HCAD), Geographic Information System (GIS) techniques, and Hedonic Price Models to analyze the impact of the LRT system in the city of Houston, Texas, on the value of residential properties that lie within close proximity to the line's rail stations.
Book Synopsis Impact of Light Rail Transit on Residential Property Values by : Abbe B. Vernick
Download or read book Impact of Light Rail Transit on Residential Property Values written by Abbe B. Vernick and published by . This book was released on 2003 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Is the Light Rail 'Tide' Lifting Property Values? Evidence from Hampton Roads, Virginia by : Gary A. Wagner
Download or read book Is the Light Rail 'Tide' Lifting Property Values? Evidence from Hampton Roads, Virginia written by Gary A. Wagner and published by . This book was released on 2016 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we examine the effect of light rail transit on the residential real estate market in Hampton Roads, Virginia. The Norfolk Tide light rail began operations in August 2011 and has experienced disappointing levels of ridership over its first four years of operations. We estimate the effect of the Tide using a difference-in-differences model and consider several outcome variables for the residential housing market, including sales price, sales-list price spread and the time-on-market. Our identification strategy exploits a proposed rail line in neighboring Virginia Beach, Virginia, that was rejected by a referendum in 1999. Overall, the results show negative consequences from the constructed light rail line. Properties within 1,500 meters experienced a decline in sales price of nearly 8 percent, while the sale-list price spread declined by approximately 2 percent. Our results highlight the potential negative effects of light rail, when potential accessibility benefits do not outweigh apparent local costs.
Book Synopsis The Effects of Light Rail Transit on Urban Density and Property Values by : Christopher Ferrell
Download or read book The Effects of Light Rail Transit on Urban Density and Property Values written by Christopher Ferrell and published by . This book was released on 1995 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rail Infrastructure and Property Values by : Andrew J. Schouten
Download or read book Rail Infrastructure and Property Values written by Andrew J. Schouten and published by . This book was released on 2015 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the value of real estate located near train stations may benefit from the increased access and mobility that rail transit systems provide, in most cases these properties are also subject to the negative aspects--for example noise, vibration, and crowding--that are characteristic of close proximity to rail infrastructure. Because closeness to rail transit often simultaneously produces such a mix of amenity and disamenity for those living or working nearby, the true impact of rail station proximity on property values is often difficult to measure. This study seeks to clarify the nature of the relationship between rail station access and property values by focusing on the impact of Charlotte, North Carolina's rail transit system on the price of nearby residential property. Sales price data for homes within one mile of three types of rail infrastructure--existing light rail stations, light rail stations currently under construction, and a proposed heavy rail commuter line--was collected, and hedonic price models were used to estimate the effect of rail proximity on the sales value of these homes. Among the properties analyzed, only single-family homes located near existing light rail stations benefitted from higher sales prices with increased proximity to the transit system. Other properties within one mile of Charlotte's rail transit network--including condominiums near existing light rail stations, single-family homes near stations under construction, and single-family homes near a proposed commuter line--saw their values decrease with increased closeness to rail infrastructure.
Book Synopsis Is Transport Infrastructure Effective? by : Piet Rietveld
Download or read book Is Transport Infrastructure Effective? written by Piet Rietveld and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: When in 1989 the authors started research on infrastructure, they did not foresee that this would lead to a long-term involvement in this area. Our beginning happened to coincide with the publication of David Aschauer's article on public capital and productivity, which induced a large flow of publications in this field. Infrastructure has indeed been a hot topic in policy and research during the past decade. It is surprising, however, that the number of monographs on spatial and economic impacts of infrastructure has remained very limited. The aim of this book is to contribute to the literature in a consolidated way. A distinguishing feature of our book is that we analyze infrastructure impacts using various methods (both modelling and non-modelling) at a variety of spatial levels (from local to international). Other special features are that we make ample use of 'accessibility' as a bridge concept between the areas of infrastructure and the economy. Finally, we not only treat transport infrastructure projects as given, as is the usual approach in infrastructure impact research, but we also analyze the factors influencing infrastructure supply. We have adopted a mainly non-technical approach throughout most of the book. This means that it can also be used by readers without a strong back ground in statistics, modelling or micro-economics.
Book Synopsis Impact of Proximity to Light Rail Rapid Transit on Station-area Property Values in Buffalo, New York by : Tangerine Maria Almeida
Download or read book Impact of Proximity to Light Rail Rapid Transit on Station-area Property Values in Buffalo, New York written by Tangerine Maria Almeida and published by . This book was released on 2004 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Changes in Property Values Induced by Light Rail Transit by : Robert Cervero
Download or read book Changes in Property Values Induced by Light Rail Transit written by Robert Cervero and published by . This book was released on 1996 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of Light Rail Station Type on Single Family Residential Property Value in the City of Portland, OR by : Siman Ning
Download or read book The Impact of Light Rail Station Type on Single Family Residential Property Value in the City of Portland, OR written by Siman Ning and published by . This book was released on 2020 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Light rail projects increase accessibility and light rail stations should result in a land value uplift (LVU) benefit for housing near stations. Extensive research has tested this hypothesis, generally using distance or distance band as a proxy of accessibility. However, the context of transit stations has not gained enough attention in past research. This research divides light rail stations into four different types based on land use ratio, density, sidewalk length, and accessibility; then, the station types are incorporated into a hedonic model. The modeling results confirm the price premium brought by light rail stations to nearby single-family homes. Findings also suggest that, after controlling for accessibility, TOD impacts on single family housing price varies in relation to station type. In other words, station area land use matters when considering land use value capture from light rail development. Future research should further examine how surrounding land uses interact with TOD in affecting housing price.
Book Synopsis The Impact of Light Rail Transportation Announcement and Construction by : Stephen Henry Plevak
Download or read book The Impact of Light Rail Transportation Announcement and Construction written by Stephen Henry Plevak and published by . This book was released on 2010 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: As American cities continue to expand and their existing transportation infrastructure becomes strained from increased demand, many cities have turned to light rail transit to not only alleviate congestion but also to provide an economic development stimulus to the areas around the stations. This report focuses on determining the economic impact on areas surrounding announced light rail stations in Austin, Texas while also attempting to quantify changes in land use and demographics experienced in a city who has an established light rail line; Dallas, Texas. In addition to examining any changes associated with the announcement and construction of a light rail project this report will qualitatively examine the role of these project in stimulating gentrification in station areas and what effect gentrification will have in preventing low-income households from accessing the improved transit system. The report will also propose actions that could ensure that these households continue to have access to public transportation, which would mitigate the strain of increasing transportation costs.
Book Synopsis The Economic Development Impacts of Light Rail Transit: a Case Study of the Baltimore Central Light Rail by : Kyle Andrew Barry
Download or read book The Economic Development Impacts of Light Rail Transit: a Case Study of the Baltimore Central Light Rail written by Kyle Andrew Barry and published by . This book was released on 2012 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses a multivariate hedonic regression model to estimate the economic development impacts of the Baltimore Central Light Rail. Given that the state of Maryland and the City of Baltimore are planning to construct a new light rail line in the coming years (known as the Baltimore Red Line), it is be important to confirm the predicted benefits of light rail on a pre-existing system. This analysis uses data from the 2005-2009 5-Year American Community Survey to test the impact of light rail station proximity on census tract level property values. Past studies have shown that proximity to a light rail station may have either positive or negative effects on property values. This is due to either, respectively, what is known as the "accessibility effect", or the increased ease of moving around the city due to increased access to public transportation, or the "nuisance effect", or the annoyance of living so close to the light rail station, due increased noise and the potential for increased crime in a given area. Presumably, these effects will be capitalized into the demand for local property values. The hedonic regression models showed a significant effect of light rail station proximity on property values only when locational variables were taken into account. When a more comprehensive model was incorporated or other variables were added to the locational model, the significant effect of station proximity disappeared. From this analysis, it can be inferred that the city of Baltimore must be quite careful in calculating full costs and benefits of the coming Red Line, and should promote the line as only one piece of a broader economic development program for the city, not as the central component.
Book Synopsis The Impact of Light Rail Transit-oriented Development on Residential Property Value in Seattle, WA by : Ze Wang
Download or read book The Impact of Light Rail Transit-oriented Development on Residential Property Value in Seattle, WA written by Ze Wang and published by . This book was released on 2016 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study seeks to investigate the impact of transit-oriented development (TOD) on residential property values using the case of Link light rail TOD in Seattle. While many previous studies decompose TOD impact into constituent parts, the study captures the integrated influence of TOD. Hedonic pricing method is employed and time-series analysis is conducted for three selected light rail station areas. Dummy variables are designed to reflect TOD proximity and relevant structural characteristics, locational conditions, as well as social-economic attributes are identified and controlled in regression models. Results demonstrate that TOD impact is different across time periods. In pre and during construction periods, TOD does not have statistical significant influence on the prices of residential properties; in after-construction period, TOD has significant positive impact on values of residential properties that are located within 0.25-0.50 mile from the light rail station.
Book Synopsis Track Design Handbook for Light Rail Transit by :
Download or read book Track Design Handbook for Light Rail Transit written by and published by Transportation Research Board. This book was released on 2012 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: TCRP report 155 provides guidelines and descriptions for the design of various common types of light rail transit (LRT) track. The track structure types include ballasted track, direct fixation ("ballastless") track, and embedded track. The report considers the characteristics and interfaces of vehicle wheels and rail, tracks and wheel gauges, rail sections, alignments, speeds, and track moduli. The report includes chapters on vehicles, alignment, track structures, track components, special track work, aerial structures/bridges, corrosion control, noise and vibration, signals, traction power, and the integration of LRT track into urban streets.
Book Synopsis Identifying the Impacts of Light Rail Station Location on Residential Property Values in the City of Sacramento by : Jessica Mary Rewers
Download or read book Identifying the Impacts of Light Rail Station Location on Residential Property Values in the City of Sacramento written by Jessica Mary Rewers and published by . This book was released on 2009 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transport Investment and Economic Development by : David Banister
Download or read book Transport Investment and Economic Development written by David Banister and published by Routledge. This book was released on 2003-08-29 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a major contribution to the debate and is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.
Book Synopsis Land Use Without Zoning by : Bernard H. Siegan
Download or read book Land Use Without Zoning written by Bernard H. Siegan and published by Mercatus Center at George Maso. This book was released on 2021-02-05 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conversation about zoning has meandered its way through issues ranging from housing affordability to economic growth to segregation, expanding in the process from a public policy backwater to one of the most discussed policy issues of the day. In his pioneering 1972 study, Land Use Without Zoning, Bernard Siegan first set out what has today emerged as a common-sense perspective: Zoning not only fails to achieve its stated ends of ordering urban growth and separating incompatible uses, but also drives housing costs up and competition down. In no uncertain terms, Siegan concludes, "Zoning has been a failure and should be eliminated!" Drawing on the unique example of Houston--America's fourth largest city, and its lone dissenter on zoning--Siegan demonstrates how land use will naturally regulate itself in a nonzoned environment. For the most part, Siegan says, markets in Houston manage growth and separate incompatible uses not from the top down, like most zoning regimes, but from the bottom up. This approach yields a result that sets Houston apart from zoned cities: its greater availability of multifamily housing. Indeed, it would seem that the main contribution of zoning is to limit housing production while adding an element of permit chaos to the process. Land Use Without Zoning reports in detail the effects of current exclusionary zoning practices and outlines the benefits that would accrue to cities that forgo municipally imposed zoning laws. Yet the book's program isn't merely destructive: beyond a critique of zoning, Siegan sets out a bold new vision for how land-use regulation might work in the United States. Released nearly a half century after the book's initial publication, this new edition recontextualizes Siegan's work for our current housing affordability challenges. It includes a new preface by law professor David Schleicher, which explains the book's role as a foundational text in the law and economics of urban land use and describes how it has informed more recent scholarship. Additionally, it includes a new afterword by urban planner Nolan Gray, which includes new data on Houston's evolution and land use relative to its peer cities.
Book Synopsis Planning Support Systems for Sustainable Urban Development by : Stan Geertman
Download or read book Planning Support Systems for Sustainable Urban Development written by Stan Geertman and published by Springer Science & Business Media. This book was released on 2013-06-20 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects a selection of the best articles presented at the CUPUM (Computers in Urban Planning and Urban Management) conference, held in the second week of July 2013 in Utrecht, the Netherlands. The articles included were selected by external reviewers using a double blind process.
