Transportation Accessibility, Housing Investments, and Housing Prices: Application of Hedonic Price Model in Des Moines, Iowa

Rakibul Ahasan
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Rakibul Ahasan: Texas A&M University

No ghdx4, SocArXiv from Center for Open Science

Abstract: Affordable housing provision has been a challenge in the United States over the past years. As housing prices increase, a high number of people cannot afford to have their housing, and most residents can only afford to live in apartments in rental areas. This problem becomes more substantial for low-income people, who cannot afford to live near their workplace. Due to this spatial mismatch, these low-income people are forced to commute longer to reach their workplaces every morning in the city of Des Moines. This highlights the importance of proximity and access to the public transport system in the city. This study examined the relationship between investments in affordable housing by a non-profit organization, proximity to public transit, and housing prices in the City of Des Moines, in 2000 and 2018.

Date: 2019-06-18
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:ghdx4

DOI: 10.31219/osf.io/ghdx4

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