Analysis of the dynamics of walking distances to public transport routes and its influence on housing prices
Rasa Ušpalytė−Vitkūnienė, Marija Burinskienė
Abstract
Rasa Ušpalytė−Vitkūnienė, Marija Burinskienė
Abstract
Accessible public transport system is an essential indicator that guarantees equal travelling opportunities for all people. Scientific research has revealed that poor accessibility to public transport mostly affects low-income people and the elderly. People from these groups have fewer opportunities to reach education institutions, working places, or health institutions. Access to public transport routes is among public transport indicators that are important for these social groups of people. An analysis reveals that during the last six years, from 1998 to 2004, access to public transport increased on average by 1,28 % in the district area. The analysed indicators of population density, working density, ratio of built up territories and green areas, accessibility of the public transport, density of routes in the area in question, and the distance to the centre revealed that the accessibility to public transport also has a significant influence on the price of housing, especifically for the above social group.
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Accessible public transport system is an essential indicator that guarantees equal travelling opportunities for all people. Scientific research has revealed that poor accessibility to public transport mostly affects low-income people and the elderly. People from these groups have fewer opportunities to reach education institutions, working places, or health institutions. Access to public transport routes is among public transport indicators that are important for these social groups of people. An analysis reveals that during the last six years, from 1998 to 2004, access to public transport increased on average by 1,28 % in the district area. The analysed indicators of population density, working density, ratio of built up territories and green areas, accessibility of the public transport, density of routes in the area in question, and the distance to the centre revealed that the accessibility to public transport also has a significant influence on the price of housing, especifically for the above social group.
Key concepts: Public transport, Business, Private transport, Public health, Population, Geography, Economic growth, Socioeconomics