We show that the COVID-19 pandemic brought house price and rent declines in city centers,
and price and rent increases away from the center, thereby flattening the bid-rent curve in …

This paper reviews recent quantitative urban models. These models are sufficiently rich to
capture observed features of the data, such as many asymmetric locations and a rich …

This study assesses the economic effects of subway investments in China by focusing on the
network centrality of subway stations, an important factor that has been overlooked in the …

Many empirical applications aim to isolate the impact of implementing new public transport
on real estate uplift value. While their conclusions generally point to positive impact, due to …

Real and private-value assets—defined here as the sum of real estate, infrastructure,
collectibles, and noncorporate business equity—compose an investment class worth an …

Urban rail transit (URT) can boost population and business agglomeration, and increase
premiums for surrounding properties. Commercial properties with an operational nature …

We study how professional investors capitalize flood risk in commercial real estate (CRE)
markets after hurricane Sandy. We show that New York CRE exposed to flood risk trades at …

We provide new theory and evidence on the role of consumption access in understanding
the agglomeration of economic activity. We combine smartphone data that records user …

This study empirically tests how disamenities associated with Mass Rapid Transit (MRT)
tracks affect public housing prices in Singapore. Residents living near aboveground rail …

To effectively combat climate change it is crucial to encourage daily environmentally friendly
behaviour across large parts of the population. This includes daily mobility behaviour, since …