Still prefer, but not that much: the premium of subway access on house prices during the COVID-19 pandemic period

References

• Ahlfeldt, G. M., & Kavetsos, G. (2014). Form or function?: The effect of new sports stadia on property prices in London. Journal of the Royal Statistical Society Series A: Statistics in Society, 177(1), 169–190. https://doi.org/10.1111/rssa.12006
   Web of Science ®Google Scholar
• Arellana, J., Márquez, L., & Cantillo, V. (2020). COVID-19 outbreak in Colombia: An analysis of its impacts on transport systems. Journal of Advanced Transportation, 2020, 1–16. https://doi.org/10.1155/2020/8867316
   Web of Science ®Google Scholar
• Beck, M. J., Hensher, D. A., & Wei, E. (2020). Slowly coming out of COVID-19 restrictions in Australia: Implications for working from home and commuting trips by car and public transport. Journal of Transport Geography, 88, 102846. https://doi.org/10.1016/j.jtrangeo.2020.102846
   PubMed Web of Science ®Google Scholar
• Billings, S. B. (2011). Estimating the value of a new transit option. Regional Science and Urban Economics, 41(6), 525–536. https://doi.org/10.1016/j.regsciurbeco.2011.03.013
   Web of Science ®Google Scholar
• Bowes, D. R., & Ihlanfeldt, K. R. (2001). Identifying the impacts of rail transit stations on residential property values. Journal of Urban Economics, 50(1), 1–25. https://doi.org/10.1006/juec.2001.2214
   Web of Science ®Google Scholar
• Bracarense, L. D. S. F. P., & de Oliveira, R. L. M. (2021). Access to urban activities during the COVID-19 pandemic and impacts on urban mobility: The Brazilian context. Transport Policy, 110, 98–111. https://doi.org/10.1016/j.tranpol.2021.05.016
   PubMed Web of Science ®Google Scholar
• Brandt, S., & Maennig, W. (2012). The impact of rail access on condominium prices in Hamburg. Transportation, 39(5), 997–1017. https://doi.org/10.1007/s11116-011-9379-0
   Web of Science ®Google Scholar
• Cervero, R., & Duncan, M. (2004). Neighbourhood composition and residential land prices: does exclusion raise or lower values? Urban Studies, 41(2), 299–315. https://doi.org/10.1080/0042098032000165262
   Web of Science ®Google Scholar
• Coffman, C., & Gregson, M. E. (1998). Railroad development and land value. The Journal of Real Estate Finance and Economics, 16(2), 191–204. https://doi.org/10.1023/A:1007707801970
   Web of Science ®Google Scholar
• Debrezion, G., Pels, E., & Rietveld, P. (2007). The impact of railway stations on residential and commercial property value: a meta-analysis. The Journal of Real Estate Finance and Economics, 35(2), 161–180. https://doi.org/10.1007/s11146-007-9032-z
   Web of Science ®Google Scholar
• Degli Esposti, P., Mortara, A., & Roberti, G. (2021). Sharing and sustainable consumption in the Era of COVID-19. Sustainability, 13(4), 1903. https://doi.org/10.3390/su13041903
   Web of Science ®Google Scholar
• Diao, M., Leonard, D., & Sing, T. F. (2017). Spatial-difference-in-differences models for impact of new mass rapid transit line on private housing values. Regional Science and Urban Economics, 67, 64–77. https://doi.org/10.1016/j.regsciurbeco.2017.08.006
   Web of Science ®Google Scholar
• Dubé, J., Thériault, M., & Des Rosiers, F. (2013). Commuter rail accessibility and house values: The case of the Montreal South Shore, Canada, 1992–2009. Transportation Research Part A: Policy and Practice, 54, 49–66. https://doi.org/10.1016/j.tra.2013.07.015
   Web of Science ®Google Scholar
• Eisenmann, C., Nobis, C., Kolarova, V., Lenz, B., & Winkler, C. (2021). Transport mode use during the COVID-19 lockdown period in Germany: The car became more important, public transport lost ground. Transport Policy, 103, 60–67. https://doi.org/10.1016/j.tranpol.2021.01.012
   PubMed Web of Science ®Google Scholar
• Gibbons, S., & Machin, S. (2005). Valuing rail access using transport innovations. Journal of Urban Economics, 57(1), 148–169. https://doi.org/10.1016/j.jue.2004.10.002
   Web of Science ®Google Scholar
• Hess, D. B., & Almeida, T. M. (2007). Impact of proximity to light rail rapid transit on station-area property values in Buffalo, New York. Urban Studies, 44(5-6), 1041–1068. https://doi.org/10.1080/00420980701256005
   Web of Science ®Google Scholar
• Hsieh, H.-S., & Hsia, H.-C. (2022). Can continued anti-epidemic measures help post-COVID-19 public transport recovery? Evidence from Taiwan. Journal of Transport & Health, 26, 101392. https://doi.org/10.1016/j.jth.2022.101392
   PubMed Web of Science ®Google Scholar
• Hu, S., Xiong, C., Liu, Z., & Zhang, L. (2021). Examining spatiotemporal changing patterns of bike-sharing usage during COVID-19 pandemic. Journal of Transport Geography, 91, 102997. https://doi.org/10.1016/j.jtrangeo.2021.102997
   PubMed Web of Science ®Google Scholar
• Hyun, D., & Milcheva, S. (2018). Spatial dependence in apartment transaction prices during boom and bust. Regional Science and Urban Economics, 68, 36–45. https://doi.org/10.1016/j.regsciurbeco.2017.11.001
   Web of Science ®Google Scholar
• Immergluck, D. (2009). Large redevelopment initiatives, housing values and gentrification: the case of the Atlanta Beltline. Urban Studies, 46(8), 1723–1745. https://doi.org/10.1177/0042098009105500
   Web of Science ®Google Scholar
• Jenelius, E., & Cebecauer, M. (2020). Impacts of COVID-19 on public transport ridership in Sweden: Analysis of ticket validations, sales and passenger counts. Transportation Research Interdisciplinary Perspectives, 8, 100242. https://doi.org/10.1016/j.trip.2020.100242
   PubMedGoogle Scholar
• Jiao, J., Lee, H. K., & Choi, S. J. (2022). Impacts of COVID-19 on bike-sharing usages in Seoul, South Korea. Cities, 130, 103849. https://doi.org/10.1016/j.cities.2022.103849
   PubMed Web of Science ®Google Scholar
• Jobe, J., & Griffin, G. P. (2021). Bike share responses to COVID-19. Transportation Research Interdisciplinary Perspectives, 10, 100353. https://doi.org/10.1016/j.trip.2021.100353
   PubMedGoogle Scholar
• Kim, M., & Cho, G.-H. (2022). Examining the causal relationship between bike-share and public transit in response to the COVID-19 pandemic. Cities, 131, 104024. https://doi.org/10.1016/j.cities.2022.104024
   PubMed Web of Science ®Google Scholar
• Knaap, G. J., Ding, C., & Hopkins, L. D. (2001). Do plans matter?. Journal of Planning Education and Research, 21(1), 32–39. https://doi.org/10.1177/0739456X0102100103
   Web of Science ®Google Scholar
• Kraus, S., & Koch, N. (2021). Provisional COVID-19 infrastructure induces large, rapid increases in cycling. Proceedings of the National Academy of Sciences, 118(15), e2024399118. https://doi.org/10.1073/pnas.2024399118
   PubMed Web of Science ®Google Scholar
• Lewis-Workman, S., & Brod, D. (1997). Measuring the neighborhood benefits of rail transit accessibility. Transportation Research Record: Journal of the Transportation Research Board, 1576(1), 147–153. https://doi.org/10.3141/1576-19
   Google Scholar
• Liu, L, Miller, H J, & Scheff, J. (2020). The impacts of COVID-19 pandemic on public transit demand in the United States. Plos one, (11). https://doi.org/10.1371/journal.pone.0242476
   Web of Science ®Google Scholar
• Malpezzi, S. (2003). Hedonic pricing models: a selective and applied review. In K. Gibb & A. O'Sullivan (Eds.), Housing economics and public (pp. 67–89). Blackwell Science.
   Google Scholar
• McDonald, J. F. (1987). The identification of urban employment subcenters. Journal of Urban Economics, 21(2), 242–258. https://doi.org/10.1016/0094-1190(87)90017-9
   Web of Science ®Google Scholar
• McDonald, J. F., & Osuji, C. I. (1995). The effect of anticipated transportation improvement on residential land values. Regional Science and Urban Economics, 25(3), 261–278. https://doi.org/10.1016/0166-0462(94)02085-U
   Web of Science ®Google Scholar
• McMillen, D. P., & McDonald, J. (2004). Reaction of house prices to a new rapid transit line: Chicago's midway line, 1983–1999. Real Estate Economics, 32(3), 463–486. https://doi.org/10.1111/j.1080-8620.2004.00099.x
   Web of Science ®Google Scholar
• Monahan, T., & Lamb, C. G. (2022). Transit's downward spiral: Assessing the social-justice implications of ride-hailing platforms and COVID-19 for public transportation in the US. Cities, 120, 103438. https://doi.org/10.1016/j.cities.2021.103438
   Web of Science ®Google Scholar
• Morita, H., Nakamura, S., & Hayashi, Y. (2020). Changes of urban activities and behaviors due to COVID-19 in Japan. Available at SSRN 3594054.
   Google Scholar
• Nikiforiadis, A., Ayfantopoulou, G., & Stamelou, A. (2020). Assessing the impact of COVID-19 on bike-sharing usage: The case of Thessaloniki, Greece. Sustainability, 12(19), 8215. https://doi.org/10.3390/su12198215
   Web of Science ®Google Scholar
• Orro, A., Novales, M., Monteagudo, Á., Pérez-López, J.-B., & Bugarín, M. R. (2020). Impact on city bus transit services of the COVID–19 lockdown and return to the new normal: the case of A Coruña (Spain). Sustainability, 12, 7206. https://doi.org/10.3390/su12177206
   Web of Science ®Google Scholar
• Parker, M. E., Li, M., Bouzaghrane, M. A., Obeid, H., Hayes, D., Frick, K. T., Rodríguez, D. A., Sengupta, R., Walker, J., & Chatman, D. G. (2021). Public transit use in the United States in the era of COVID-19: Transit riders’ travel behavior in the COVID-19 impact and recovery period. Transport Policy, 111, 53–62. https://doi.org/10.1016/j.tranpol.2021.07.005
   PubMed Web of Science ®Google Scholar
• Poister, T. H. (1996). Transit-related crime in suburban areas. Journal of Urban Affairs, 18(1), 63–75. https://doi.org/10.1111/j.1467-9906.1996.tb00366.x
   Web of Science ®Google Scholar
• Rosen, S. (1974). Hedonic prices and implicit markets: product differentiation in pure competition. Journal of Political Economy, 82(1), 34–55. https://doi.org/10.1086/260169
   Web of Science ®Google Scholar
• Shin, K., Washington, S., & Choi, K. (2007). Effects of transportation accessibility on residential property values. Transportation Research Record: Journal of the Transportation Research Board, 1994, 66–73. https://doi.org/10.3141/1994-09
   Google Scholar
• Sirmans, S., Macpherson, D., & Zietz, E. (2005). The composition of hedonic pricing models. Journal of Real Estate Literature, 13(1), 1–44. https://doi.org/10.1080/10835547.2005.12090154
   Google Scholar
• Song, J., Zhang, L., Qin, Z., & Ramli, M. A. (2022). Spatiotemporal evolving patterns of bike-share mobility networks and their associations with land-use conditions before and after the COVID-19 outbreak. Physica A: Statistical Mechanics and its Applications, 592, 126819. https://doi.org/10.1016/j.physa.2021.126819
   Web of Science ®Google Scholar
• Theebe, M. A. (2004). Planes, trains, and automobiles: the impact of traffic noise on house prices. The Journal of Real Estate Finance and Economics, 28(2), 209–234. https://doi.org/10.1023/B:REAL.0000011154.92682.4b
   Web of Science ®Google Scholar
• Vessali, K. V. (2012). Land use impacts of rapid transit: A review of the empirical literature. Berkeley Planning Journal, 11(1). https://doi.org/10.5070/BP311113054
   Google Scholar
• Voith, R. (1991). Transportation, sorting and house values. Real Estate Economics, 19(2), 117–137. https://doi.org/10.1111/1540-6229.00545
   Web of Science ®Google Scholar
• Wang, H., & Noland, R. B. (2021). Bikeshare and subway ridership changes during the COVID-19 pandemic in New York City. Transport Policy, 106, 262–270. https://doi.org/10.1016/j.tranpol.2021.04.004
   PubMed Web of Science ®Google Scholar
• Wheaton, W. C. (2004). Commuting, congestion, and employment dispersal in cities with mixed land use. Journal of Urban Economics, 55(3), 417–438. https://doi.org/10.1016/j.jue.2003.12.004
   Web of Science ®Google Scholar
• Zhang, J., Hayashi, Y., & Frank, L. D. (2021). COVID-19 and transport: Findings from a world-wide expert survey. Transport Policy, 103, 68–85. https://doi.org/10.1016/j.tranpol.2021.01.011
   PubMed Web of Science ®Google Scholar
• Zhang, Y., & Fricker, J. D. (2021). Quantifying the impact of COVID-19 on non-motorized transportation: A Bayesian structural time series model. Transport Policy, 103, 11–20. https://doi.org/10.1016/j.tranpol.2021.01.013
   Web of Science ®Google Scholar