scholarly journals An Investigation of Condominium Property Value Uplift around Light Rail Transit Stations Using a Hedonic Pricing Model

2019 ◽  
Vol 286 ◽  
pp. 012032
Author(s):  
M F Dziauddin
Keyword(s):  
Hedonic Pricing ◽  
Light Rail ◽  
Rail Transit ◽  
Light Rail Transit ◽  
Property Value ◽  
Pricing Model ◽  
Hedonic Pricing Model

Different Stories from Different Approaches in Evaluating Property Value Uplift: Evidence from the Gold Coast Light Rail System in Australia

2019 ◽  
Vol 2673 (3) ◽  
pp. 11-23 ◽  
Author(s):  
Barbara T. H. Yen ◽  
Corinne Mulley ◽  
Heather Shearer
Keyword(s):  
Private Property ◽  
Gold Coast ◽  
Transport Infrastructure ◽  
Light Rail ◽  
Rail Transit ◽  
Land Value ◽  
Light Rail Transit ◽  
Property Value ◽  
Transit System ◽  
Catchment Areas

Increases in land value, known as value uplift, follow from improvements in accessibility arising from new transport infrastructure. This paper investigates how different approaches in evaluating property value uplift could lead to different results. The case study of the light rail transit system in the Gold Coast, Queensland, Australia, is the context for this study. This paper addresses two of the critical aspects of the value uplift literature—how many of the results are determined by the method adopted and, perhaps more importantly, if there is a method which provides the best results. Historical data on private property sales are used to evaluate the timing, shape, and conditions for increases in land value or value uplift employing two of the most widely used modeling approaches: difference-in-differences and multilevel regression models. The more recent literature has also identified that the choice of control area is pertinent and so this study uses two different approaches for the selection of catchment areas: conventional distance-based methods and propensity score matching. The model results do confirm the increases in property prices because of better accessibility to Gold Coast light rail transit, but the amount of uplift does appear to depend both on the model approach and the method to select catchment and control areas. The paper discusses the implications of this for literature which has a variety of different methods established for research.

scholarly journals From “Big Small Town” to “Small Big City”: Resident Experiences of Gentrification along Waterloo Region’s LRT Corridor

2021 ◽  
pp. 0739456X2199391
Author(s):  
Margaret Ellis-Young ◽  
Brian Doucet
Keyword(s):  
Statistical Analysis ◽  
Strong Evidence ◽  
Small Town ◽  
Light Rail ◽  
Rail Transit ◽  
Light Rail Transit ◽  
Big City ◽  
Waterloo Region

Most studies of transit-induced gentrification rely on statistical analysis that measures the extent to which gentrification is occurring. To extend and enhance our knowledge of its impact, we conducted sixty-five interviews with residents living along the light rail transit (LRT) corridor in Waterloo Region, Ontario, Canada, shortly before the system opened. There was already strong evidence of gentrification, with more than $3 billion (Canadian dollars) worth of investment, largely in condominiums, before a single passenger was carried. In line with contemporary critical conceptualizations of gentrification, our interviews identified new and complex psychological, phenomenological, and experiential aspects of gentrification, in addition to economic- or class-based changes.

A simplified iterative approach for testing the pulse derailment of light rail vehicles across a viaduct to near-fault earthquake scenarios

2021 ◽  
pp. 095440972098741
Author(s):  
Ling-Kun Chen ◽  
Peng Liu ◽  
Li-Ming Zhu ◽  
Jing-Bo Ding ◽  
Yu-Lin Feng ◽  
...  
Keyword(s):  
Ground Motions ◽  
Simulation Software ◽  
Light Rail ◽  
Rail Transit ◽  
Light Rail Transit ◽  
Seismic Responses ◽  
Near Fault ◽  
Rail Vehicle ◽  
Pulse Type ◽  
The Impact

Near-fault (NF) earthquakes cause severe bridge damage, particularly urban bridges subjected to light rail transit (LRT), which could affect the safety of the light rail transit vehicle (“light rail vehicle” or “LRV” for short). Now when a variety of studies on the fault fracture effect on the working protection of LRVs are available for the study of cars subjected to far-reaching soil motion (FFGMs), further examination is appropriate. For the first time, this paper introduced the LRV derailment mechanism caused by pulse-type near-fault ground motions (NFGMs), suggesting the concept of pulse derailment. The effects of near-fault ground motions (NFGMs) are included in an available numerical process developed for the LRV analysis of the VBI system. A simplified iterative algorithm is proposed to assess the stability and nonlinear seismic response of an LRV-reinforced concrete (RC) viaduct (LRVBRCV) system to a long-period NFGMs using the dynamic substructure method (DSM). Furthermore, a computer simulation software was developed to compute the nonlinear seismic responses of the VBI system to pulse-type NFGMs, non-pulse-type NFGMs, and FFGMs named Dynamic Interaction Analysis for Light-Rail-Vehicle Bridge System (DIALRVBS). The nonlinear bridge seismic reaction determines the impact of pulses on lateral peak earth acceleration (Ap) and lateral peak land (Vp) ratios. The analysis results quantify the effects of pulse-type NFGMs seismic responses on the LRV operations' safety. In contrast with the pulse-type non-pulse NFGMs and FFGMs, this article's research shows that pulse-type NFGM derail trains primarily via the transverse velocity pulse effect. Hence, this study's results and the proposed method can improve the LRT bridges' seismic designs.

Sign in / Sign up

Export Citation Format

Share Document