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Article: The Impact of Transit-oriented Development on Housing Value Resilience: Evidence from the City of Atlanta

TitleThe Impact of Transit-oriented Development on Housing Value Resilience: Evidence from the City of Atlanta
Authors
Keywordshousing value resilience
TOD
Atlanta
Issue Date2021
Citation
Journal of Planning Education and Research, 2021, v. 41 n. 4, p. 396-409 How to Cite?
Abstract© The Author(s) 2018. This research examines whether transit-oriented development (TOD) contributes to housing value resilience in Atlanta, Georgia. We developed two spatial hedonic models using property sale records to examine whether being located in TOD areas contributes to the resilience of housing prices during and after the Great Recession, compared to being located in transit-adjacent development areas. Our results suggest that there is a growing demand for TOD properties in recent years, which contributes to maintaining and faster regaining property values in TOD areas. Our results support future investment in TOD areas and also suggest challenges to incorporating affordable housing in TOD designs.
Persistent Identifierhttp://hdl.handle.net/10722/287059
ISSN
2023 Impact Factor: 2.8
2023 SCImago Journal Rankings: 0.797
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorZhang, Wenwen-
dc.contributor.authorWang, Fangru-
dc.contributor.authorBarchers, Camille-
dc.contributor.authorLee, Yongsung-
dc.date.accessioned2020-09-07T11:46:23Z-
dc.date.available2020-09-07T11:46:23Z-
dc.date.issued2021-
dc.identifier.citationJournal of Planning Education and Research, 2021, v. 41 n. 4, p. 396-409-
dc.identifier.issn0739-456X-
dc.identifier.urihttp://hdl.handle.net/10722/287059-
dc.description.abstract© The Author(s) 2018. This research examines whether transit-oriented development (TOD) contributes to housing value resilience in Atlanta, Georgia. We developed two spatial hedonic models using property sale records to examine whether being located in TOD areas contributes to the resilience of housing prices during and after the Great Recession, compared to being located in transit-adjacent development areas. Our results suggest that there is a growing demand for TOD properties in recent years, which contributes to maintaining and faster regaining property values in TOD areas. Our results support future investment in TOD areas and also suggest challenges to incorporating affordable housing in TOD designs.-
dc.languageeng-
dc.relation.ispartofJournal of Planning Education and Research-
dc.subjecthousing value resilience-
dc.subjectTOD-
dc.subjectAtlanta-
dc.titleThe Impact of Transit-oriented Development on Housing Value Resilience: Evidence from the City of Atlanta-
dc.typeArticle-
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1177/0739456X18787011-
dc.identifier.scopuseid_2-s2.0-85050206115-
dc.identifier.volume41-
dc.identifier.issue4-
dc.identifier.spage396-
dc.identifier.epage409-
dc.identifier.isiWOS:000711934400004-
dc.identifier.issnl0739-456X-

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