Accessibility to transit, by transit, and property prices: Spatially varying relationships

• Published in: Transportation research. Part D, Transport and environment Vol. 85; p. 102387
• Main Authors: Yang, Linchuan, Chau, K.W., Szeto, W.Y., Cui, Xu, Wang, Xu
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.08.2020
• Subjects: Accessibility by transit; Accessibility to transit; Geographically weighted regression; Hedonic pricing model; Housing price; Real estate valuation; Spatial heterogeneity; Transit accessibility; Urban China; Accessibility to transit; Transit accessibility; Housing price; Real estate valuation; Hedonic pricing model; Spatial heterogeneity; Urban China; Accessibility by transit; Geographically weighted regression
• ISSN: 1361-9209; 1879-2340
• DOI: 10.1016/j.trd.2020.102387

•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. Accessibility to transit facili...