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Social and Behavioral Sciences Commons

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2019

Econometrics

Economics Theses

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The Proximity Effect Of The Seattle Link Public Light Rail On King County Properties, Graham Byron Dec 2019

The Proximity Effect Of The Seattle Link Public Light Rail On King County Properties, Graham Byron

Economics Theses

Seattle has experienced an explosive rise in population in the last decade and there is no sign of this slowing down. There is a wealth of literature surrounding the way in which public transportation has an effect on the surrounding housing values however no hedonic study has been done on public transportation in the Seattle area. This study responds to the lack of analysis done on the effect that public transportation has in King County.

We use a difference-in-differences and hedonic model to test the effect that the LINK light rail has on houses within a one-mile radius, particularly at …