Hacker News new | ask | show | jobs
by lsc 2340 days ago
>because public transit tends to increase nearby property values

Do you have references? my impression is the opposite.

Do you think having a bus stop out front would make the average suburbanite want to pay more or less for their house? My guess is quite a bit less, but I also don't have references to back up my impression.

(I mean, I think this is changing in the most urban areas. But I think that in the case of the homes of a majority of Americans, nearby transit lowers the sale value of a home rather than raising it.)