Wednesday, April 23, 2014

Rents in London's housing ‘backwaters’ increase thanks to Boris bikes - London - News - London Evening Standard

Rents in London's housing ‘backwaters’ increase thanks to Boris bikes - London - News - London Evening Standard



While the academic in me doesn't normally rely on these kinds of surveys I think it does show that investing in cycle infrastructure does raise the value of housing in the areas affected. This is also a good example of taking a hybrid approach, that is, extending the reach of the current tube network by providing on demand bicycle transport to the station.



 This ability to extend the reach of stations with bikes does change the overall economic's of trains. The general problem with trains is always do, you want to build the stations as far apart as possible, this reduces train (station ) cost but also means that the trains have fewer stops in an overall distance meaning that the journey time is quicker.  Not something that London needs to worry about that for capitals and cities installing new infrastructure it's something to be aware of.






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