{"title":"Public transport accessibility and the prices of nearby properties: the case of the first metro line in Warsaw","authors":"Marcin Torzewski","doi":"10.18757/EJTIR.2020.20.2.3979","DOIUrl":null,"url":null,"abstract":"This paper identifies the relation between metro proximity and the prices of residential properties in Warsaw. The analysis is based on 2006-2013 AMRON-SARFiN data. The results show that metro has a positive impact on property prices if it is located at most 1.5 km from the property. The greatest increase in price of 8-13 per cent is observed when metro is located 400-800 meters from the property. The results indicate that when the metro transportation is poor, it causes a large increase in property prices, which is not comparable to the impact of other transports, such as bus or tram.","PeriodicalId":46721,"journal":{"name":"European Journal of Transport and Infrastructure Research","volume":" ","pages":""},"PeriodicalIF":2.1000,"publicationDate":"2020-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Journal of Transport and Infrastructure Research","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.18757/EJTIR.2020.20.2.3979","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"TRANSPORTATION","Score":null,"Total":0}
引用次数: 4
Abstract
This paper identifies the relation between metro proximity and the prices of residential properties in Warsaw. The analysis is based on 2006-2013 AMRON-SARFiN data. The results show that metro has a positive impact on property prices if it is located at most 1.5 km from the property. The greatest increase in price of 8-13 per cent is observed when metro is located 400-800 meters from the property. The results indicate that when the metro transportation is poor, it causes a large increase in property prices, which is not comparable to the impact of other transports, such as bus or tram.
期刊介绍:
The European Journal of Transport and Infrastructure Research (EJTIR) is a peer-reviewed scholarly journal, freely accessible through the internet. EJTIR aims to present the results of high-quality scientific research to a readership of academics, practitioners and policy-makers. It is our ambition to be the journal of choice in the field of transport and infrastructure both for readers and authors. To achieve this ambition, EJTIR distinguishes itself from other journals in its field, both through its scope and the way it is published.