“…In other words, housing prices tend to decline the farther away from the station the housing property is located. Studies conducted in Boston, Atlanta, Chicago, Portland, and Washington (Baum-Snow and Kahn 2000), Atlanta (Bowes and Inlanfeldt 2001;Nelson and McCleskey 1990), Buffalo (Hess and Almeida 2007), Dallas (Clower and Weinstein 2002), Philadelphia (Slater 1974), Portland (Al-Moasind et al 1993Dueker and Bianco 1999;Chen et al 1998), San Diego (Duncan 2008), San Francisco (Weinberger 2001), Bangkok (Chalermpong 2007), Seoul (Bae et al 2003), and Shanghai (Pan and Zhang 2008) all affirm this relationship at varying levels of strength. The two studies undertaken in Canada are similarly in accord.…”