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dc.contributor.advisorHenry Pollakowski.en_US
dc.contributor.authorKomiyama, Noriko, 1976-en_US
dc.contributor.otherMassachusetts Institute of Technology. Dept. of Urban Studies and Planning.en_US
dc.coverage.spatialn-us-paen_US
dc.date.accessioned2005-06-02T18:18:04Z
dc.date.available2005-06-02T18:18:04Z
dc.date.copyright2004en_US
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/17698
dc.descriptionThesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2004.en_US
dc.descriptionIncludes bibliographical references (leaves 64-66).en_US
dc.description.abstractIt has been suggested in various studies that increasing accessibility to a transportation network would influence local property values and their pattern of change over time. This thesis examines the capitalization into single-family housing prices of the construction investment for Interstate 476 (I-476), which had faced public opposition for more than two decades. While the majority of previous capitalization studies have been limited to the areas adjacent to transportation facilities, this thesis analyzes the effect over time of increased accessibility on a larger part of the Philadelphia Metropolitan Statistical Area (MSA). Repeat sale single-family home price indices for zip codes covering the five counties in the greater Philadelphia area for 18 years are used. I find that the area within 7,500m of 1-476 had higher annual appreciation rates than the entire Philadelphia MSA by 0.3% - 2.6% between 1989 and 1994. The higher appreciation began after all the necessary construction approvals were obtained in 1987 and lasted two years after the opening of the last section of the highway.en_US
dc.description.statementofresponsibilityby Noriko Komiyama.en_US
dc.format.extent66 leavesen_US
dc.format.extent2925445 bytes
dc.format.extent2925254 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypeapplication/pdf
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582
dc.subjectUrban Studies and Planning.en_US
dc.titleChanges in single family housing prices due to the planning and construction of Interstate 476 in Pennsylvaniaen_US
dc.typeThesisen_US
dc.description.degreeM.C.P.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Dept. of Urban Studies and Planning.en_US
dc.identifier.oclc56409454en_US


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