Accessibility to transit, by transit, and property prices: Spatially varying relationships
Abstract
To-bus accessibility and by-bus accessibility significantly affect housing prices in the bus-dependent city. Spatial heterogeneity exists in the price effects of bus accessibility. Bus frequency exerts a larger price effect in the peripheral area than in the central.
- Publication:
-
Transportation Research Part D: Transport and Environment
- Pub Date:
- August 2020
- DOI:
- 10.1016/j.trd.2020.102387
- Bibcode:
- 2020TRPD...8502387Y
- Keywords:
-
- Accessibility to transit;
- Accessibility by transit;
- Transit accessibility;
- Spatial heterogeneity;
- Hedonic pricing model;
- Geographically weighted regression;
- Housing price;
- Real estate valuation;
- Urban China