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The impact of transit-oriented development on housing prices in San Diego, CA

Auteur(s) et Affiliation(s)

DUNCAN, M.
Dept. of Geography and Earth Sciences, Univ. of North Carolina, Charlotte, Etats-Unis


Description :
The research measures the influence of TOD on the condominium market. Price premiums indicate a potential for a market-driven expansion of TOD inventory. A hedonic price model is estimated to isolate statistically the effect of TOD. Station proximity has a significantly stronger impact when coupled with a pedestrian-oriented environment. Conversely, station area condominiums in more auto-oriented environments may sell at a discount. This indicates that TOD has a synergistic-value greater than the sum of its parts. It implies a healthy demand for more TOD housing in San Diego.


Type de document :
Article de périodique

Source :
Urban studies (Harlow), issn : 0042-0980, 2011, vol. 48, n°. 1, p. 101-127, nombre de pages : 27, Références bibliographiques : 4 p.

Date :
2011

Editeur :
Pays édition : Royaume-Uni, Harlow, Longman Group

Langue :
Anglais
Droits :
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