Title:
Preparing for Light Rail in the Purple Line Corridor
Preparing for Light Rail in the Purple Line Corridor
Author(s)
Duckworth, Richard
Advisor(s)
Editor(s)
Collections
Supplementary to
Permanent Link
Abstract
This paper examines the implications of public transit investment for housing costs and demographic change in the neighborhoods along the Purple Line alignment. To investigate single-family house price increases spurred by speculation and anticipation associated with the transit planning, it uses a database of single-family home sales since 1999. The prices of these homes sales are regressed on their locations, timing and other characteristics to isolate price changes associated with proximity to the planned station locations and the planning process moving from a vague idea to a more certain plan. These findings are then considered alongside additional data about the neighborhoods to anticipate future shifts in property values with the eventual construction of the transit, and ultimately the Purple Lineﾒs impact on housing costs and neighborhood demographic/socioeconomic change.
Sponsor
Date Issued
2017-05
Extent
Resource Type
Text
Resource Subtype
Masters Project
Applied Research Paper
Applied Research Paper