Urban rail systems investments: an analysis of the impacts on property values and residents’ location

Francesca Pagliara and Enrica Papa

Journal of Transport Geography, 2011, vol. 19, issue 2, 200-211

Abstract: Light rail, metro and other urban rail transit systems can play a significant role in improving the attractiveness and quality of urban public transport. They can influence the attractiveness of locations near the stations and improve accessibility for these locations. Furthermore urban rail can improve a location’s attractiveness by its image effect: it makes a station appear modern and dynamic, and thus raises the status of this location.

Keywords: Urban rail systems; Residents’ location; Property value change (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (33)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:19:y:2011:i:2:p:200-211

DOI: 10.1016/j.jtrangeo.2010.02.006

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