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Does the proximity to an urban transport node increase commercial property values?: Case study of the Addis Ababa Light Rail Transit system

by Moges Wubet
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Current price ₹1,020.00
Original price ₹1,093.00
Original price ₹1,093.00
Original price ₹1,093.00
(-7%)
₹1,020.00
Current price ₹1,020.00

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Book cover type: Paperback
  • ISBN13: 9781706282976
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Publication Date:
  • Pages: 108
  • Original Price: USD 11.15
  • Language: English
  • Edition: N/A
  • Item Weight: 268 grams
  • BISAC Subject(s): Public Transportation

Does the proximity to an urban transport node increase commercial property values?What would be the "homo economicus" intuitive answer to this question?The intuitive answer to this question may seem obvious. The proximity to a surface train station should increase the values of surrounding property values, mostly because such proximity increases the flow of potential customers. This intuition is generally confirmed by a large number of econometric studies that have been applied to different economically advanced cities. However... In Addis Ababa, as usual, we do find a much more nuanced set of answers.

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