How will that new station increase my house price? Hear the Australian experience (Matthew Burke, webcast Thurs Jan 4, SFU City Program)

This webcast/event is recommended for anyone wishing to study how transit influences land prices. The cases presented are from Australia, but might be informative for Metro Vancouver. We have witness big land price jumps along Translink lines, and there is talk of new lines in Vancouver and Surrey. Please visit the official website to register.

Gold Coast Light Rail, SFU City program

Gold Cost Light Rail, image from SFU City program

Date: Thursday, January 4, 2018, 7–8:30 pm
Lecture Admission: Free, but registration required. Register for lecture.
Webcast: The live webcast is free, but advance reservations required. Register for webcast.
Twitter: Join the conversation at #SFUCity
Venue: Room 1400, SFU Vancouver (Harbour Centre)

Property markets rise and fall as transport systems reshape accessibility in cities. Planners occasionally use ‘value capture’ funding and financing to help pay for public transport. But understanding where and when values rise is critical to the efficiency and equity of such schemes. This presentation looks at recent evidence from a set of Australian busway, rail and ferry projects that reveals great variation in how transport affects property values, including both spatial patterning and timing of uplift.

Speaker
Matthew Burke is an associate professor in Griffith University’s Cities Research Institute. His research focuses mainly on travel behaviour, transport planning and the interactions of transport and land use. Matthew also helps coordinate much of his university’s transport research effort. In 2017 Griffith University was recognized among the top 100 universities in the world for research in the field of transportation science and technology in the Shanghai Rankings.

 

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