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Rail Transit Investments, Real Estate Values, and Land Use Change: A Comparative Analysis of Five California Rail Transit Systems

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Author Info

  • Landis, John
  • Guhathakurta, Subhrajit
  • Huang, William
  • Zhang, Ming
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    Abstract

    Transportation systems are the glue that binds together American cities. From the first boulevard, through the horse-drawn streetcars of the 19th Century, through the electric trolleys of the early 1900s, to the freeways of the post-World War II era, transportation investments have long played a defining role in guiding the growth and development of metropolitan areas. What is today called the “transportation-land use connection†has been the object of study by geographers and economists for more than 150 years, and the focus of attention for developers and speculators for even longer.

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    File URL: http://www.escholarship.org/uc/item/2hf9s9sr.pdf;origin=repeccitec
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    Bibliographic Info

    Paper provided by University of California Transportation Center in its series University of California Transportation Center, Working Papers with number qt2hf9s9sr.

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    Date of creation: 01 Jul 1995
    Date of revision:
    Handle: RePEc:cdl:uctcwp:qt2hf9s9sr

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    Related research

    Keywords: Social and Behavioral Sciences;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Grether, David M. & Mieszkowski, Peter., . "The Effects of Non-residential Land Uses on the Prices of Adjacent Housing: Some Estimates of Proximity Effects," Working Papers 163, California Institute of Technology, Division of the Humanities and Social Sciences.
    2. Dewees, D. N., 1976. "The effect of a subway on residential property values in Toronto," Journal of Urban Economics, Elsevier, vol. 3(4), pages 357-369, October.
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    Citations

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    Cited by:
    1. Cervero, Robert & Landis, John, 1997. "Twenty years of the Bay Area Rapid Transit system: Land use and development impacts," Transportation Research Part A: Policy and Practice, Elsevier, vol. 31(4), pages 309-333, July.
    2. Ghebreegziabiher Debrezion & Eric Pels & Piet Rietveld, 2006. "The Impact of Rail Transport on Real Estate Prices: An Empirical Analysis of the Dutch Housing Market," Tinbergen Institute Discussion Papers 06-031/3, Tinbergen Institute.
    3. Ghebreegziabiher Debrezion & Eric Pels & Piet Rietveld, 2005. "Impact of railway station on Dutch residential housing market," ERSA conference papers ersa05p748, European Regional Science Association.

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