Impact of rail transit construction on residential location choice

TIAN Li-jun; YU Ning; CAI Wu-gan

Volume 17 Issue 4

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TIAN Li-jun, YU Ning, CAI Wu-gan. Impact of rail transit construction on residential location choice[J]. Journal of Traffic and Transportation Engineering, 2017, 17(4): 130-139.

Citation:

TIAN Li-jun, YU Ning, CAI Wu-gan. Impact of rail transit construction on residential location choice[J]. Journal of Traffic and Transportation Engineering, 2017, 17(4): 130-139.

TIAN Li-jun, YU Ning, CAI Wu-gan. Impact of rail transit construction on residential location choice[J]. Journal of Traffic and Transportation Engineering, 2017, 17(4): 130-139.

Citation:

TIAN Li-jun, YU Ning, CAI Wu-gan. Impact of rail transit construction on residential location choice[J]. Journal of Traffic and Transportation Engineering, 2017, 17(4): 130-139.

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Impact of rail transit construction on residential location choice

School of Economics and Management, Fuzhou University, Fuzhou 350116, Fujian, China

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Author Bio:
TIAN Li-jun(1981-), female, associate professor, PhD, +86-591-22866957, buaatianlijun@163.com
Received Date: 2017-05-16
Publish Date: 2017-08-25

Abstract

Abstract

To forecast how the rail transit construction affects the residential location choice, a customer surplus model by considering residents' salary level, transportation accessibility, and housing price was established, and a residential location logit choice model was set up to determine the residential location distribution due to the variation of traffic flow distribution. By using the combined model of residents' residential location choice and transportation means choice, the road traffic flow variation was firstly determined, and then the residential location choices for residents with different salary levels were obtained, which was caused by the travel cost variation after rail transit operation. The secondary effect of housing price appreciation after rail transit construction on residents' residential location choices was analyzed. Based on a monocentric city, 10 rail transit stations were designed as research objectives, the variations of residential location choices were calculated along 10 rail transit stations for citizens with 8 kinds of salary classes after the rail transit construction and the housing price appreciation. Analysis result shows that the residents move away from the city center after rail transit construction, although the residents with lower salary are scarcely affected due to their low value of time. Withthe improvement of residential location accessibility along rail transit, the housing price near the rail transit rises, i.e., the housing price increases by 2 619 yuan per square meter in the farthest residential location, and 11.5 yuan per square meter in the nearest residential location. Simultaneously, the residents with higher salary move forward to the city center, while the residents with lower salary move away from the city center.
- traffic engineering,
- rail transit,
- customer surplus,
- logit model,
- residential location choice

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References(25)

References

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