Transport system impact on residential real estate market

Abstract

In this article the concepts of transport system, real estate and real estate market are researched. It also includes a description of real estate market characteristics and its classification. Article describes main factors that affect the residential real estate market and explains how specific elements of the transport system influence the housing market. Nowadays people have to deal with the problem - increasing number of priorities and projects complicates the choice as to which country's economic sector the government should give priority. Because of this, it is very important to determine the level of transport system’s impact on housing market, which would allow to calculate the distribution of investments in the development of infrastructure.