Announcement of the first metro line and its impact on housing prices in Bogota

被引：2

作者：

Carderas, Jeisson ^{[1
]}

Gallego, Juan Miguel ^{[2
]}

Urrutia, Maria Alejandra ^{[3
]}

机构：

[1] Univ Warwick, Inst Employment Res, Coventry, W Midlands, England

[2] Univ Rosario, Fac Econ, Bogota, Colombia

[3] Calle 25 68A-70, Bogota, Colombia

来源：

CASE STUDIES ON TRANSPORT POLICY | 2023年 / 11卷

关键词：

Metro; Bogota; Housing; Prices; Expectations; Assessment; RESIDENTIAL PROPERTY-VALUES; URBAN RAIL TRANSIT; LIGHT RAIL; TRANSPORT; STATIONS; CONSTRUCTION; CRIME; LAND;

D O I：

10.1016/j.cstp.2022.100941

中图分类号：

U [交通运输];

学科分类号：

08 ; 0823 ;

摘要：

Transport infrastructure investment impacts mobility and may significantly affect the capitalisation of the areas surrounding these infrastructure projects, even before the projects are completed. This paper analyses the impact that the announcement of the First Metro Line has on housing prices in the city of Bogot ' a. It combines innovative databases, web scraping and Google Maps with administrative records-such as the Bogot ' a Urban Development Institute (IDU, by its acronym in Spanish) databases-to assess how the announcement of the metro construction impacts the rental or sales market prices for the houses surrounding the infrastructure projects. The results show that the housing sale prices increased since October 2019, the time when the awarding of the contract for construction of the First Metro Line was announced. The flats and houses on sale located within 1.5 km from the future metro stations showed an increase of 10.5 and 6.5% in prices, respectively.

引用

页数：9

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