Category Archives: Housing markets: schooling, search, and segregation
A public transit stop, whether it be part of a heavy rail, light rail, bus, or bus rapid transit system, can have a very real impact on its surroundings. It can revitalize the neighborhood economy by providing new access points for retail, give locals without a car access to new job opportunities in other areas of town, it can reduce crime, it can change the racial makeup of a region. But much of the literature ignores these statistics, choosing instead to only focus on public transit’s effect on local property values. In this piece, I explore a case study of 12 Atlanta neighborhoods and how they demographically shifted in the decades after they received railroad transit stations.
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Or click here to view a rough draft of my research
Bollinger, Christopher R., and Keith R. Ihlanfeldt. “The Impact of Rapid Rail Transit on Economic Development: The Case of Atlanta’s MARTA.” Journal of Urban Economics 42 (1997): 179-204. Web. 6 Dec. 2010.
Chen, Joyce, Mark Hamilton, Nick Kindel, Ian Macek, and Meghan Pinch. “Transit Oriented Development and Cluster Developments.” 1-11. Web. 23 Sept. 2010. <http://courses.washington.edu>.
Dawson, Christie R. Transit Ridership Report: Third Quarter 2009. Rep. American Public Transportation Association. Print.
Elliott, Mark. “MARTA Rail and Offices.” Atlanta Business Chronicle 20 Oct. 2010. BizJournals. 20 Oct. 2010. Web. 6 Dec. 2010.
Grass, Gail. “The Estimation of Residential Property Values Around Transit Station Sites in Washington, D.C.” Journal of Economics and Finance 16.2 (1992): 139-46. SpringerLink. Web. 6 Dec. 2010.
Ihlanfeldt, Keith R. “Rail Transit and Neighborhood Crime: The Case of Atlanta, Georgia.” Southern Economic Journal 70.2 (2003): 273-94. ProQuest. Web. 6 Dec. 2010.
MARTA Homepage. 2009. Web. 6 Dec. 2010. <http://www.itsmarta.com>.
Niles, John, and Dick Nelson. “Measuring the Success of Transit-Oriented Development: Retail Market Dynamics and Other Key Determinants.” Proc. of American Planning Association National Planning Conference. 31 Aug. 2006. Web. 23 Sept. 2010. <http://www.community-wealth.org/_pdfs/articles-publications/tod/paper-niles- nelson.pdf>.
O’Toole, Randal. “Defining Success: The Case Against Rail Transit.” Policy Analysis 663 (2010). Cato Institute, 22 May 2010. Web. 23 Sept. 2010. <http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1612782>.
Perk, Victoria A., and Martin Catala. Land Use Impacts of Bus Rapid Transit: Effects of BRT Station Proximity on Property Values along the Pittsburgh Martin Luther King, Jr. East Busway. Rep. no. FTA-FL-26-7109.2009.6. US Department of Transportation, Federal Transit Administration, Dec. 2009. Web. 6 Dec. 2010.