Land Use Impacts of Bus Rapid Transit (National BRT Institute, 2009)

This report is among the first in recent years in the United States to examine property value impacts from proximity to BRT stations. A hedonic regression model was estimated to isolate the effect of distance from a BRT station on property values of single-family homes along the Pittsburgh Martin Luther King, Jr. East Busway. Statistically significant, positive property value impacts were found near BRT stations; these impacts are relatively small in magnitude and similar to impacts found from rail transit, as expected.
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