Car-lite impacts on housing market and vehicle ownership

In this paper, the authors examine the sensitivity of housing market behaviors and identify the key factors and market forces that result from the adoption of car-lite neighborhoods. In particular, the authors seek to answer the following questions: How will households’ perception of transportation...

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Bibliographic Details
Main Authors: Ponce Lopez, Roberto, Shaw, Jingsi, Zegras, Pericles C, Ferreira Jr, Joseph
Other Authors: Massachusetts Institute of Technology. Department of Urban Studies and Planning
Format: Article
Language:English
Published: Elsevier BV 2020
Online Access:https://hdl.handle.net/1721.1/126840
Description
Summary:In this paper, the authors examine the sensitivity of housing market behaviors and identify the key factors and market forces that result from the adoption of car-lite neighborhoods. In particular, the authors seek to answer the following questions: How will households’ perception of transportation system performance change due to car-lite policies such as autonomous vehicle (AV) implementation? How will households’ long-term decisions change (e.g. residential location and vehicle ownership)? How will the urban form change in response to the changes of agents’ attitudes/preferences regarding AV services?