Gentrification Trends in New Transit-Oriented Communities: Evidence from 14 Cities that Expanded and Built Rail Transit Systems

28 Pages Posted: 24 May 2007

See all articles by Matthew E. Kahn

Matthew E. Kahn

University of Southern California; National Bureau of Economic Research (NBER)

Abstract

Over 25 billion dollars were spent between 1970 and 2000 in 14 major cities in the United States on the construction of new rail transit lines. This massive investment in rail transit construction and expansion allows me to study the consequences of local public goods improvements for communities nearby new stations. This article uses a 14-city census tractlevel panel data set covering the years 1970 to 2000 to document significant heterogeneity in the effects of rail transit expansions across the 14 cities. Communities receiving increased access to new Walk and Ride stations experience greater gentrification than communities that are now close to new Park and Ride stations.

Suggested Citation

Kahn, Matthew E., Gentrification Trends in New Transit-Oriented Communities: Evidence from 14 Cities that Expanded and Built Rail Transit Systems. Real Estate Economics, Vol. 35, No. 2, pp. 155-182, Summer 2007. Available at SSRN: https://ssrn.com/abstract=987687 or http://dx.doi.org/10.1111/j.1540-6229.2007.00186.x

Matthew E. Kahn (Contact Author)

University of Southern California ( email )

2250 Alcazar Street
Los Angeles, CA 90089
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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