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Bike sharing schemes can have a positive impact on nearby house prices.

El-Geneidy, Ahmed, van Lierop, Dea and Wasfi, Rania (2016) Bike sharing schemes can have a positive impact on nearby house prices. USApp – American Politics and Policy Blog (29 Aug 2016). Website.

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Abstract

Homes and neighborhoods are generally more attractive when they are located close to transport links. Is this also the case for bike sharing schemes? In new research which uses Montreal’s Bixi scheme as a case study, Ahmed El-Geneidy, Dea van Lierop, & Rania Wasfi examine the influence of bike sharing stations on the attractiveness of nearby housing. They find that a home which has 12 stations within 800 meters can be expected to sell for nearly 3 percent more compared to those which have no nearby bike sharing stations. They also find that bike sharing stations give municipalities the opportunity to profit from higher property taxes.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2016 The Authors, USApp – American Politics and Policy Blog, The London School of Economics and Political Science © CC BY-NC 3.0; Online
Divisions: LSE
Subjects: J Political Science > JA Political science (General)
J Political Science > JK Political institutions (United States)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 09 Feb 2017 16:13
Last Modified: 05 Nov 2019 00:45
URI: http://eprints.lse.ac.uk/id/eprint/69232

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