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Effects of Thoroughfares on Residential and Commercial Values in Two Cities. Final rept.
| 题名： | Effects of Thoroughfares on Residential and Commercial Values in Two Cities. Final rept. |
| 作者： | Carter-C.; Farkas-A. |
| 关键词： | *Property-values; *Maryland-.;Transportation-planning; Literature-review; Urban-areas; Economic-analysis; Metropolitan-areas. |
| 摘要： | The objectives of this study are (1) to gauge benefits in the way property values relate to highways and radial thoroughfares in metropolitan Baltimore; (2) to compare these results specifically to studies done in Philadelphia, Portland, Oregon, and other locations as mentioned in the literature; and (3) to detect and describe property valuation patterns for main highways through Maryland's Lower Eastern Shore. Standard urban economics theory is applied and a hedonic model based on the theory is tested for Baltimore City and County. This part of the study follows well-documented research on the nature and form of urban areas. Because of insufficient data, part of the research on the Lower Eastern Shore is merely descriptive and provides a contrasting view of the relationship between property values and transportation routes in non-urban Maryland. The results of this study will further show how transportation routes affect property values and should assist the State Highway Administration in its relationships with property owners, and assist local governments in making planning and zoning decisions in the vicinity of highway corridors. |
| 报告类型： | 科技报告 |
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