Thursday 2 May 2019

Congestion pricing could boost home values

Not only will congestion pricing make driving in the city more expensive, but it may raise the prices of homes, too. Research suggests the move — which was aimed at easing traffic and raising revenue for the subway system — may boost residential real estate values in the pricing zone, the Wall Street Journal reported. “You would expect house prices to increase because you have much less traffic around your house after the congestion charge,” […]



source https://therealdeal.com/2019/05/02/congestion-pricing-could-boost-home-values/

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