Does the proximity to an urban transport node increase commercial property values?: Case study of the Addis Ababa Light Rail Transit system (Akademica)

Does the proximity to an urban transport node increase commercial property values?What would be the "homo economicus" intuitive answer to this question?The intuitive answer to this question may seem obvious. The proximity to a surface train station should increase the values of surrounding property values, mostly because such proximity increases the flow of potential customers. This intuition is generally confirmed by a large number of econometric studies that have been applied to different economically advanced cities. However... In Addis Ababa, as usual, we do find a much more nuanced set of answers.

• • Author: Dominique Fischer
• • Publisher: Independently Published
• • Publication Date: November 08, 2019
• • Number of Pages: 108 pages
• • Language: English
• • Binding: Paperback
• • ISBN-10: 1706282974
• • ISBN-13: 9781706282976