Buses can increase property values

| David Levinson
A Political Economy of Access: Infrastructure, Networks, Cities, and Institutions by David M. Levinson and David A. King
A Political Economy of Access: Infrastructure, Networks, Cities, and Institutions by David M. Levinson and David A. King

Buses can increase property values, so says this article in SFGate The Google Effect: How the company’s shuttle line affects San Francisco real estate
Apparently Googlers will pay a premium to live in San Francisco and elsewhere near the Google Transit system. Will these rent price increases be capitalized in land is an outstanding question. (Anyone with Bay Area data want to run a Hedonic model?)

2 thoughts on “Buses can increase property values”

  1. Being located close to a transit station can reduce residential property values very close to a transit station or rail.This is because of noise and air pollution from trains, and increased automobile traffic from users.

    Like

  2. As income increases, the threshold percentage increases, the share of tax over the threshold that the taxpayer must pay increases, and the maximum refund decreases. The renter’s property tax refund program uses household income, a broad measure that includes most types of income.

    Like

Comments are closed.