Seeking equitable development in a challenging affordability landscape : examining the relationship between housing prices and the Atlanta BeltLine
Name
1054103616-MIT.pdf
Description
Full printable version
Size
15.87 MB
Format
Adobe PDF
Checksum (MD5)
54d5f69fe636dc82b8f68712fdb18983
Author(s)
McPherson, Douglas Dominick
Advisor(s)
Albert Saiz.
Alternative Title
Examining the relationship between housing prices and the Atlanta BeltLine
Date Issued
2018
Publisher
Massachusetts Institute of Technology
Abstract
A revival in linear park development has brought new open space to a growing number of communities previously characterized by low-income populations, obsolete infrastructure, and difficulties in attracting outside investment. This thesis examines the relationship between linear park development and escalation in property values using the case of the Atlanta BeltLine. Employing data from Fulton County in Georgia, I construct a linear regression model with a difference-in-difference specification to examine these effects at the point of park completion. I find notable property value appreciation effects due to the BeltLine's development, and seek to place these findings in context of larger conversations about equitable development and open space. Considering the history of the BeltLine's development, I examine ways in which Scott Campbell's conception of equity planning has been realized in Atlanta and recommend ways in which local, state, and federal government may improve equitable development planning efforts in conjunction with future open space projects.
Description
Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2018.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 43-47).
Subjects
Urban Studies and Planning.
MIT Department
Massachusetts Institute of Technology. Department of Urban Studies and Planning
Terms of Use
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