This study quantifies the effect of train station openings on residential house prices across Germany over a 12-year period to provide generalizable evidence on the valuation of access to passenger rail by households. It is based on data on about 90 train station openings between 2009 and 2020...

Different types of taxation include the market value of housing or housing returns in their tax base, making it essential to obtain accurate and up-to-date assessments of property values. However, to value residential property represents a major challenge for tax administrations due to...