Use of the Real Estate Market to Establish Light Rail Station Catchment Areas

Use of the Real Estate Market to Establish Light Rail Station Catchment Areas
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利用房地产市场建立轻轨车站集水区

DOI:
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发表时间:
2013
期刊:
影响因子:
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通讯作者:
R. Ewing
R. Ewing
中科院分区:
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文献类型:
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作者:
S. Petheram;A. Nelson;Matt Miller;R. Ewing

文献摘要

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大量文献报道了轻轨交通的可达性对主要为自住者建造的住宅物业的价格影响。很少有研究表明轻轨交通与出租公寓价值之间的关系;那些这样做的人评估了距轻轨交通站较窄距离范围内的结果。本研究弥补了研究中的一些空白。 TRAX(由犹他州交通管理局运营,服务于犹他州盐湖县的轻轨系统)与距轻轨站 0.25 英里到 1.5 英里范围内的出租公寓楼价值之间的关联进行了估计。当控制结构、邻里和位置特征时,发现 TRAX 车站邻近度与出租公寓楼价值之间存在正相关关系,范围为 1.25 英里,但不超过 1.25 英里。提供了这些发现的含义。
Considerable literature reports the price effects of light rail transit accessibility on residential properties built principally for owner–occupants. Few studies show the relationship between light rail transit and rental apartment building values; those that have done so have evaluated outcomes within narrow bands of distance from light rail transit stations. The present study closes some of this gap in the research. The association between TRAX, the light rail system operated by the Utah Transit Authority serving Salt Lake County, Utah, and the value of rental apartment buildings in bands a distance from light rail stations of 0.25 mi out to 1.5 mi was estimated. When structural, neighborhood, and location characteristics were controlled for, a positive relationship between TRAX station proximity and rental apartment building values was found to 1.25 mi but not beyond. The implications of these findings are offered.