Re: Re: Report quantifies Luas effect on house prices

Home Forums Ireland Report quantifies Luas effect on house prices Re: Re: Report quantifies Luas effect on house prices

#807433
Anonymous
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This is the sort of info that the Department of Transport, RPA, DTO should be using in deciding on their transport plans:

“As Figure 4 clearly indicates, the north side of the city is already using public transport and would benefit greatly from the addition of a rail line in the area. The Metro North project seems to be well placed in that respect and would also increase property values in the area. The advantages of the Metro West are however less clear-cut. The current lack of train lines in the area might seem to be a reason to locate a line there. However, the bus map does not clearly indicate a strong collection of bus users from the area. A line on the South side of the city in between and possibly linking elements of the current network may prove to have a larger uptake and a higher overall value. When deciding the appropriate location and scale of these projects, it is essential that public transport use, house density and house prices in the relevant areas be examined first”.

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