The metro (or underground railways) has become a backbone in the transit systems of many
cities. It has numerous externalities, such as ameliorating traffic congestion and enhancing …

A quality promotion of neighborhood primary schools no doubt elevates nearby housing
price. But which houses benefit from the public policy is important to improve educational …

Many empirical applications aim to isolate the impact of implementing new public transport
on real estate uplift value. While their conclusions generally point to positive impact, due to …

Despite several decades of research, the relationship between transit accessibility and land
values remains unclear. In practice, most research has focused on simple measures of …

The development of new and upgraded transport infrastructure projects are driving
economic benefits for business, the environment and society. Major transport projects can …

As the successful design and implementation of alternative mechanisms for funding transit
infrastructure, such as value-capture schemes, are becoming more critical, identifying the …

This study explores differences in the effects of rail transit investment across various types of
lands with different values and locations, using the development of Seoul Metro Line 9 …

Renewed interest in light-rail transit (LRT) in North America has heightened the need for an
improved understanding of transit impacts on land value uplift (LVU). A number of studies …

The literature on the impact of transit investment on land and property values reports mixed
results of estimated value changes. It is well recognised that the data used (eg, value of land …

Previous studies regarding transportation impacts on economic development in urban areas
have three major issues—the limited scope of analysis mostly with the change of property …