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Renters vs owners: The impact of accessibility on residential location choice. Evidence from Lyon urban area, France (1999–2013).

Authors :
Bouzouina, Louafi
Baraklianos, Ioannis
Bonnel, Patrick
Aissaoui, Hind
Source :
Transport Policy. Aug2021, Vol. 109, p72-84. 13p.
Publication Year :
2021

Abstract

Urban areas face important challenges linked to contradictory trends of concentration, urban sprawl and segregation. More and more people choose to buy a residence in the suburbs taking advantage of the accessibility increase. At the same time, young households choose to rent in central areas. In this paper, distinguishing between renters and owners, we investigate the evolution of the households' location choice determinants over time with a special focus on accessibility to employment. Our case study is the Lyon urban area. We rely on discrete choice models using the disaggregated census data of the location choices of households from 1999, 2008 and 2013 and we calculate elasticities. The results confirm our initial intuition. Owners become less sensitive to accessibility to employment over time whereas it is the opposite for renters. Our results suggest the importance of incorporating these temporal evolutions into models for a better land-use transport integration and policy. • The paper investigates the evolution of the households' location choice determinants. • The trade-off "Accessibility to employment-Housing price" is different depending on the housing tenure status. • Accessibility matters differently: Owners become less sensitive when choosing their location, whereas renters become more. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0967070X
Volume :
109
Database :
Academic Search Index
Journal :
Transport Policy
Publication Type :
Academic Journal
Accession number :
150851067
Full Text :
https://doi.org/10.1016/j.tranpol.2021.05.022