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Land value gains attributable to the light rail system on the Gold Coast, Australia, are estimated. Subscribe to this fee journal for more curated articles on this topic
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Substantial additional scope to fund transport investment from value gains is apparent.
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Michaela Ann Cameron, The University of Sydney, History Department, Department Member.
The University of Sydney.
University of Sydney provides funding as a member of The Conversation AU.
Date Written: July 10, 2019.
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Dr Cameron K. Murray Post-Doctoral Fellow in the Henry Halloran Trust at The University of Sydney.
Cameron Murray Post-Doctoral Researcher at Henry Halloran Trust, The University of Sydney Brisbane, Australia 500+ connections
A new dataset of home sales and landbanks from the annual reports of Australia’s publicly-listed residential developers, and complete state-level planning approvals and lot production data in Queensland, Australia, are used.
Total value gains to nearby landowners are $300 million, or 25% of the capital cost of the project, This estimate is net of automatic property tax increases of $4.8million in 2015-16.
Understandably so.
We now spend over $100 bil...
Cameron Murray receives funding from the Australian Department of Education and Training in the form of a Post-Graduate Award.
A dynamic model that accounts for capital gains of undeveloped land, including an option premium, is consistent with these empirical patterns. Using the URL or DOI link below will ensure access to this page indefinitely
Cameron Murray.
He specialises in property markets, resource and environmental economics, and corruption. He also won the Dally M Lock of the Year award and the Rabbitohs’ Jack Rayner Players; Player award as judged by his team mates.
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Available at SSRN:
BSc (Hons.
The University of Sydney - Cited by 192 - Housing - Urban development - Environmental economics - Corruption - In-group favouritism ... Cameron K. Murray.
... CK Murray, P Frijters, M Vorster.
Land value gains attributable to the light rail system on the Gold Coast, Australia, are estimated.
View Cameron Murray’s profile on LinkedIn, the world's largest professional community.
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