Friday Transportation Seminars at Portland State University have been a tradition since 2000. You can join us online at 11:30 AM.
Prior studies show that transit-oriented developments (TODs) increase property values and raise property tax revenue. Property owners reap economic benefit from TODs and public officials use it as evidence to justify the high cost of rail transit. However, renters, who rely on transit more than homeowners, may have to pay higher rent to live in TODs. The location affordability index at the neighborhood level suggests that renters can also benefit from TOD by saving money on transportation costs. Recent studies at the individual level, however, found little evidence that living in TODs reduces transportation expenditure. Using rental data scraped from Craigslist listings and travel data from 2010-12 California Household Travel Survey, this ongoing study contributes to this debate by quantifying and comparing the rental premium and transportation-cost saving for renters in TODs in eight Californian metropolitan areas. To address the potential self-selection bias, I estimate propensity score to match renters in TODs with similar renters outside of TODs. The findings from this study will inform transportation planning and practice that aim to promote more equitable TODs.
KEY LEARNING OUTCOMES
- The positive property-value effect of TOD is well known but the affordability implication of TOD for renters is more complicated.
- This ongoing study quantifies and compares the rental premium and transportation-cost saving for renters in TODs in eight Californian metropolitan areas.
- Findings from this study will inform transportation planning and practice that aim to promote more equitable TODs.
Dr. Hongwei Dong is an associate professor in the Department of Geography and Planning at California State University, Fresno. He received his Ph.D. in Urban Studies from Portland State University in 2010. His research lies at the intersection of transportation, housing, and urban health. His research was funded by the National Science Foundation (NSF) and California SB1 Grant. His research findings appear in top-notch planning Journals such as Journal of the American Planning Association and Journal of Planning Education and Research.
This 60-minute seminar is eligible for 1 hour of professional development credit for AICP (see our provider summary). We provide an electronic attendance certificate for other types of certification maintenance.
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The Transportation Research and Education Center (TREC) at Portland State University is home to the National Institute for Transportation and Communities (NITC), the Initiative for Bicycle and Pedestrian Innovation (IBPI), and other transportation programs. TREC produces research and tools for transportation decision makers, develops K-12 curriculum to expand the diversity and capacity of the workforce, and engages students and professionals through education.