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

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.

Suggested Citation

  • Landis, John & Guhathakurta, Subhrajit & Huang, William & Zhang, Ming, 1995. "Rail Transit Investments, Real Estate Values, and Land Use Change: A Comparative Analysis of Five California Rail Transit Systems," University of California Transportation Center, Working Papers qt2hf9s9sr, University of California Transportation Center.
  • Handle: RePEc:cdl:uctcwp:qt2hf9s9sr
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    References listed on IDEAS

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    1. Grether, David M. & Mieszkowski, Peter, 1980. "The effects of nonresidential land uses on the prices of adjacent housing: Some estimates of proximity effects," Journal of Urban Economics, Elsevier, vol. 8(1), pages 1-15, July.
    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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    Cited by:

    1. Mejia-Dorantes, Lucia & Lucas, Karen, 2014. "Public transport investment and local regeneration: A comparison of London׳s Jubilee Line Extension and the Madrid Metrosur," Transport Policy, Elsevier, vol. 35(C), pages 241-252.
    2. repec:eee:regeco:v:67:y:2017:i:c:p:64-77 is not listed on IDEAS
    3. Antonio Páez, 2009. "Spatial analysis of economic systems and land use change," Papers in Regional Science, Wiley Blackwell, vol. 88(2), pages 251-258, June.
    4. Hurst, Needham B. & West, Sarah E., 2014. "Public transit and urban redevelopment: The effect of light rail transit on land use in Minneapolis, Minnesota," Regional Science and Urban Economics, Elsevier, vol. 46(C), pages 57-72.
    5. Ghebreegziabiher Debrezion & Eric Pels & Piet Rietveld, 2005. "Impact of railway station on Dutch residential housing market," ERSA conference papers ersa05p748, European Regional Science Association.
    6. repec:bla:presci:v:96:y:2017:i:3:p:495-518 is not listed on IDEAS
    7. 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.

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    Social and Behavioral Sciences;

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