Does transportation impact current home prices
Original post made by Hal Bailey, CDSI on Jan 10, 2008
Today, via HSVT (HSBC), a Reuters report discussed the impact of transportation access on the value of homes in the current USAmerican markets. Homes far from job centers without significant rapid transit access are suffering the largest downturn in home prices. Homes in the near suburbs and cities are holding value.
AS we approach $4 per gallon of gas this Spring, Transportation will become as important as schools to home buyers according to Reuters. I would suggest that this forum would be an appropriate place to post commentary, information and study referrals on transportation and home values.
Hal Bailey, CDSI Research Fellowship, email@example.com
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