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The Impact of Proximity to Railway on Land Prices

Author

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  • Justyna Tanas

Abstract

After the system transformation in Poland, the development of land’s market for single-family housing in the suburban areas of large agglomerations has increased significantly. This is strongly related to suburbanization proces and connected with the intensified migration of people from the main cities. As a result, it increases of car’s traffic, which significantly extend the time of travel to the city center of Poznan. The aim of this paper is to estimate the impact of proximity to railway stations on the prices of land designated for single-family housing in Poznan’ suburban area. In order to estimate the impat of proximity to railway stations on the prices of land designated for single-family housing the hedonic methods were used. The analysis covers the years from 2010 to 2014.

Suggested Citation

  • Justyna Tanas, 2017. "The Impact of Proximity to Railway on Land Prices," ERES eres2017_248, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2017_248
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    More about this item

    Keywords

    Housing Market; Property Value; railway;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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