A longitudinal analysis of the effect of public rail infrastructure on proximate residential property transactions/ (Record no. 13319)
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| fixed length control field | 02009nab a2200181 4500 |
| 005 - DATE & TIME | |
| control field | 20221105171404.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 221007b |||||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Zolnik, Edmund |
| 245 ## - TITLE STATEMENT | |
| Title | A longitudinal analysis of the effect of public rail infrastructure on proximate residential property transactions/ |
| Statement of responsibility | Edmund Zolnik |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | London: |
| Name of publisher, distributor, etc | Sage, |
| Date of publication, distribution, etc | 2020. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Pages | Vol 57, issue 8, 2020: (1620–1641 p.) |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Value capture offers the promise of recouping the additional value that public transportation infrastructure investments confer to local property. The totality of the empirical evidence supports the contention that such investments do indeed add value to proximate residential property. However, little research to estimate just how much any additional property value changes from year to year is evident in the empirical literature. The absence of evidence on the reliability of accessibility premiums is problematic from a policy perspective because transit operators need dedicated sources of funds to compensate for the retrenchment of government sources. Adoption of a multilevel approach expands the temporal scale of analysis to more than a decade and the spatial scale of analysis to an entire heavy rail system, Metro in Washington, District of Columbia (DC), in order to estimate just how much accessibility premiums change year over year. Results advance the state of knowledge on value capture since public rail infrastructure adds property value across an entire heavy rail system, but the additional value is modest and the year-to-year changes are dramatic. Overall, a strategy to capture any additional property value to fund public transportation may technically qualify as a dedicated source of funds, but it is not a reliable source of funds. |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 8843 |
| Host Itemnumber | 16581 |
| Place, publisher, and date of publication | London Sage Publications Ltd. 1964 |
| Title | Urban studies |
| International Standard Serial Number | 0042-0980 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | https://doi.org/10.1177/0042098019836564 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Articles |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| -- | 53927 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| -- | ddc |
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