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Transport Policy Impact on Residential Location

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  • Jae-Hong Kim
  • Francesca Pagliara
  • John Preston

Abstract

This study investigates the impacts of transport factors on residential location decisions to assess the extent to which transport policy decisions (road user charging, changes to fuel duties, and the provision of a new public transport system) affect housing markets. This was achieved by undertaking stated preference experiments in the Greater Oxford area in UK. The forecasts of the impact of transport improvements on house prices suggest road user charging might reduce house prices on average by around 2%. A 10% change in fuel duty leads to an average change in house prices of around 3%, but with the direction of change being uniform throughout the study area. It was also found that introducing a new public transport might increase house prices by around 3% on average, with the greatest increases in central Oxford.

Suggested Citation

  • Jae-Hong Kim & Francesca Pagliara & John Preston, 2004. "Transport Policy Impact on Residential Location," International Review of Public Administration, Taylor & Francis Journals, vol. 9(1), pages 71-87, July.
    • Handle: RePEc:taf:rrpaxx:v:9:y:2004:i:1:p:71-87
    DOI: 10.1080/12294659.2004.10805040
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    References listed on IDEAS

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    1. David Simmonds, 2001. "The Objectives and Design of a New Land-use Modelling Package: DELTA," Advances in Spatial Science, in: Graham Clarke & Moss Madden (ed.), Regional Science in Business, chapter 9, pages 159-188, Springer.
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    Cited by:

    1. Gadziński, Jędrzej & Radzimski, Adam, 2016. "The first rapid tram line in Poland: How has it affected travel behaviours, housing choices and satisfaction, and apartment prices?," Journal of Transport Geography, Elsevier, vol. 54(C), pages 451-463.
    2. Pagliara, Francesca & Papa, Enrica, 2011. "Urban rail systems investments: an analysis of the impacts on property values and residents’ location," Journal of Transport Geography, Elsevier, vol. 19(2), pages 200-211.

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