Apartment Rents: Another Challenge to the Monocentric Model

Extension of hedonic modeling strategy to the case of apartment rents in the Dallas region reveals the influence of a complex network of activity centers and highway axes. Nodes other than the CBD exert greater influence on rents than the CBD and amenity variables and externalities have both positive and negative effects. These findings demand reevaluation of the place normally assigned to higher-density rental housing in urban models.     

Employment Dynamics,Spatial Restructuring,and the Business Cycle

The multinodal metropolis is an evolving system, affected by both long-term restructuring and by business cycle dynamics. This study of the Dallas-Fort Worth Metroplex points, first, to the multiplicity and wide dispersion of employment centers within the region and, second, to the importance of vintage. During business cycle upswings new centers in new and more dispersed locations receive the preponderant share of new growth. During business cycle downswings, old activities are pruned most heavily from old locations. The result is an increasingly complex array of specialized agglomerations.