The Effect of Housing Market Segmentation on Commuting Empirical Analysis of 85 Metropolitan Areas in the United States
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Spatial sorting of
housing market in a metropolitan area is relatively well studied, but
its implications in transportation are understudied. Housing market
segmentation is defined as a degree to which a metropolitan area is
divided into spatial housing submarkets. The book looks at how housing
market segmentation is related to commute length at a metropolitan
scale. The analysis is preceded by delineating housing submarkets by
fuzzy clustering methods, and defining the index of housing market
segmentation that measures the separation among housing submarkets.
Results show that metropolitan areas characterized by incongruous
housing market are more likely to be associated with longer vehicle
miles of commute while other factors are controlled for. It is
speculated that deepening housing market segmentation constrains housing
choice, and residents compensate for the constraint by longer commute.
The book will be useful for those interested in land use–transportation
interaction and the application of fuzzy classification to socioeconomic
data. |
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