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612-822-4611
Does the proximity to an urban transport node increase commercial property values?: Case study of the Addis Ababa Light Rail Transit system

Does the proximity to an urban transport node increase commercial property values?: Case study of the Addis Ababa Light Rail Transit system

Paperback

Series: Akademica, Book 2

Transportation General

Currently unavailable to order

ISBN10: 1706282974
ISBN13: 9781706282976
Publisher: Independently Published
Published: Nov 8 2019
Pages: 108
Weight: 0.59
Height: 0.22 Width: 8.50 Depth: 11.00
Language: English
Does the proximity to an urban transport node increase commercial property values?What would be the homo economicus intuitive answer to this question?The intuitive answer to this question may seem obvious. The proximity to a surface train station should increase the values of surrounding property values, mostly because such proximity increases the flow of potential customers. This intuition is generally confirmed by a large number of econometric studies that have been applied to different economically advanced cities. However... In Addis Ababa, as usual, we do find a much more nuanced set of answers.

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Transportation General