Latest news:
Regular news: Issue 570 6 May 2011

Research draws link between rail investment and property prices

Development

Andrew Forster

An Academic researcher has developed a new model for assessing the property price effect of new rail-based transport investment.

The model is explained in a new report by Gabriel Ahlfeldt of the Spatial Economics Research Centre at the London School of Economics, If we built, will they pay? Predicting property price effects of transport innovations. Ahlfeldt has tested it out on the Jubilee Line and Docklands Light Railway and says it gives a good fit with the actual observed effects.

The...

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