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Social and Behavioral Sciences Commons

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Economics

Honors Theses

2018

Bicycle lanes

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The Effect Of Bike Lane Infrastructure On Urban Housing Markets, Bracken Woolley Jan 2018

The Effect Of Bike Lane Infrastructure On Urban Housing Markets, Bracken Woolley

Honors Theses

Across the United States, cities are increasing their level of investment in bicycle infrastructure. The environmental and health benefits of this infrastructure are clear, but less research has been conducted on its economic impacts. This study examines the effect of bicycle infrastructure, specifically bike lanes, on New York City housing markets. Specifically, I look at the impact of bike lane length on median rent and percent vacancy in a given census tract. In addition to the independent variable of focus, bike lane length, census-based data was used to control for other economic and demographic factors that could impact property values. …