abstract This thought evaluates t...

abstract

This thought evaluates the impact of freight railroad tracks forward housing markets. A hedonic price example is used to estimate reduction in the sale price of residential properties near freight railroad tracks in Cuyahoga shire Ohio for 1996 and 1999 The findings indicate an average los in value between $3800 and $5800 (5%-7%) for houses in a less degree than 1,250 square feet located within 750 feet from a railroad track. Larger houses showed mixed be the effects After substantial publicity about a freight train company merger freight trip judges showed a negative and statistically significant impact upon the sale price of smaller houses, and