Location Choice vis-à-vis Transportation: The Case of Recent Homebuyers
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چکیده
An understanding of residential location choice is fundamental to behavioral models of land use, and, ultimately, travel demand. A survey of over 900 recent homebuyers in the Austin, Texas area offers valuable data on movers and their reasons for moving. This paper examines the role of access (to employment, freeways, shopping, bus services, and other opportunities) in residential home and location choice by examining housing choice priorities and tradeoffs. Predictive models of home value, amenity preferences, home type, and location choice offer important insights, while controlling for many key factors. While access is important, and is particularly relevant for certain demographic sub-groups, other priorities figure more prominently in the home purchase decision.
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تاریخ انتشار 2006