Measuring the Neighborhood Benefits of Rail Transit Accessibility

摘要: For many Americans, living near high-quality rail transit stations provides an array of benefits. The benefits arise from lower transportation expenses, changing development patterns, and other nonuse factors. Automobile-centered patterns increase congestion, sprawl, pollution. transit-oriented neighborhoods are explored. A hedonic price function is used to estimate property values the effect proximity stations. Geographical information system databases were calculate actual walking distances transit, providing a much more accurate measure “proximity” variable than usual straight-line distance. results indicate that can be significant source benefit residents within Whereas light in Portland, Oregon, minimal effects, magnitude for Bay Area Rapid Transit New York City Metropolitan Transportation Au...