Table of Contents <br />EXECUTIVE SUMMARY 1 <br />1 PURPOSE AND BACKGROUND 5 <br />2 DEMOGRAPHICS AND HOUSING PROFILE 7 <br />INTRODUCTION <br />7 <br />POPULATION AND GROWTH <br />8 <br />HOUSING STOCK AND HOMEOWNERSHIP <br />9 <br />DEMOGRAPHICS <br />14 <br />COMMUTE PATTERNS <br />22 <br />IMPLICATIONS <br />23 <br />3 MARKET CONDITIONS 26 <br />INTRODUCTION 26 <br />SINGLE FAMILY HOUSING MARKET 26 <br />MULTIFAMILY HOUSING MARKET 27 <br />COMMERCIAL MARKET 32 <br />IMPLICATIONS 36 <br />4 LITERATURE REVIEW OF BUS RAPID TRANSIT'S IMPACT ON THE REAL ESTATE MARKET 37 <br />THEORY 37 <br />METHODS 38 <br />FINDINGS FROM RESEARCH ON LTD's BRT NETWORK 38 <br />SUMMARY OF NATIONAL RESEARCH FINDINGS 40 <br />IMPLICATIONS AND KEY TAKEAWAYS 43 <br />5 CASE STUDIES OF TRANSIT -ORIENTED DEVELOPMENT LINKED TO BUS RAPID TRANSIT 45 <br />TROOST MAX, KANSAS CITY <br />PULSE BUS RAPID TRANSIT, RICHMOND, VIRGINIA <br />IMPLICATIONS FOR EUGENE <br />45 <br />47 <br />48 <br />173 <br />