Impacts of bus rapid transit (BRT) on income-segmented housing markets in El Paso, Texas
A spatial hedonic and difference-in-differences analysis
Bibliographic Data
| ID | 21247699 |
|---|---|
| Authors | Youngre Noh (0000-0002-5971-4644, Mitchell Institute, corresponding author), Hanwool Lee (0000-0002-8508-4914, Mitchell Institute), Yang Song (0000-0003-2734-9838, Mitchell Institute), Chanam Lee (0000-0002-7849-3939, Mitchell Institute), Wei Li (0000-0002-3581-849X, Mitchell Institute) |
| Year | 2025 |
| Publication date | 2025-10-16 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning B Urban Analytics and City Science (JOURNAL) |
| Journal identifiers | ISSN: 2399-8083 • E-ISSN: 2399-8091 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/23998083251389078 |
| OpenAlex | W4415274235 |
| Language | EN |
| References cited | 39 |
This study evaluates the impact of introducing the Bus Rapid Transit (BRT) system on housing market dynamics across three diverse urban corridors in El Paso, Texas, utilizing spatial hedonic pricing and AITS-DID models. The research aims to understand how the BRT system influences property values, hypothesizing that the effects vary between developed and underdeveloped areas. Initial findings reveal an increase in property values in the affluent Mesa area until the BRT opening in 2014, followed by a decline, suggesting a shift in market perceptions post-implementation. Conversely, less affluent areas along the Alameda and Dyer corridors exhibit a reduction in the negative impact on property values over time, indicating growing appreciation for the BRT and associated urban improvements. The study contributes to urban planning and policy by highlighting the mixed impacts of BRT systems on property values across different urban fabrics and underscores the importance of context-sensitive transit planning. It also points to the necessity for comprehensive communication with stakeholders to ensure transit solutions meet community needs and support equitable urban development
Bus rapid transit · Hedonic Pricing · Property value · Public transport · Residential property · Transit-oriented development · Urban planning · Housing Market and Economics · Spatial and Panel Data Analysis · Urban Transport and Accessibility
Under the hood Issues in the specification and interpretation of spatial regression models
Specification and estimation of spatial autoregressive models with autoregressive and heteroskedastic disturbances
Specification and estimation of hedonic housing price models
Accessibility to transit, by transit, and property prices
Estimating household demand for transit-oriented development
The Impact of Parks on Property Values
Estimation of higher‐order spatial autoregressive cross‐section models with heteroscedastic disturbances
Social impacts and equity issues in transport
Impacts of bus rapid transit (BRT) on residential property values
Residential property value impacts of proximity to transport infrastructure
Modelling transport and real-estate values interactions in urban systems
Assessing Benefits of Neighborhood Walkability to Single-Family Property Values
Impact of Light Rail
Spatial Heterogeneity in Spillover Effects of Assisted and Unassisted Rental Housing
The impact of Bus Rapid Transit (BRT) on land and property values
Recovery of the value of natural amenities
Changes in the distribution of house prices over time
Hedonic Prices and Implicit Markets
The Synergistic Influence of Light Rail Stations and Zoning on Home Prices
Illuminating the impacts of brownfield redevelopments on neighboring housing prices
| Citation velocity | historical |
|---|---|
| Highly cited | No |