Distributional and Housing Price Effects from Vancouver's SkyTrain Expansion
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Abstract
The authors estimated a model of households’ residential location choices and simulated Vancouver’s rapid transit expansion from 2001 to 2011. In the counterfactual simulations, households update their (probabilistic) location choices and monthly dwelling prices adjust to clear the market.
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Craig, Andrea “Distributional and Housing Price Effects from Vancouver’s SkyTrain Expansion” CRDCN research-policy snapshots. July 2022