61-627: The Public Transport Users Association ( PTUA ) is a community-based public transport lobby group in Victoria , Australia , based in Melbourne . It is run entirely by volunteers and has no full-time staff. The organisation was founded in 1976 as the Train Travellers Association, and became prominent after the controversial Lonie Report recommended huge freeway expansion and closure of most public passenger transport in
122-454: A guideway . This is an uncommon mode of transportation (excluding elevators ) due to the complexity of automation. A fully implemented system might provide most of the convenience of individual automobiles with the efficiency of public transit. The crucial innovation is that the automated vehicles carry just a few passengers, turn off the guideway to pick up passengers (permitting other PRT vehicles to continue at full speed), and drop them off to
183-543: A body of water. A foot-passenger ferry with many stops is sometimes called a water bus . Ferries form a part of the public transport systems of many waterside cities and islands, allowing direct transit between points at a capital cost much lower than bridges or tunnels, though at a lower speed. Ship connections of much larger distances (such as over long distances in water bodies like the Mediterranean Sea ) may also be called ferry services. A report published by
244-406: A complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information. Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing
305-420: A decline in public transport usage. A number of sources attribute this trend to the rise in popularity of remote work, ride-sharing services, and car loans being relatively cheap across many countries. Major cities such as Toronto, Paris, Chicago, and London have seen this decline and have attempted to intervene by cutting fares and encouraging new modes of transportation, such as e-scooters and e-bikes. Because of
366-552: A few stops per city. These services may also be international. High-speed rail is passenger trains operating significantly faster than conventional rail—typically defined as at least 200 kilometres per hour (120 mph). The most predominant systems have been built in Europe and East Asia, and compared with air travel, offer long-distance rail journeys as quick as air services, have lower prices to compete more effectively and use electricity instead of combustion. Urban rail transit
427-438: A posted fee for each trip. There is no rigid definition of which kinds of transport are included, and air travel is often not thought of when discussing public transport—dictionaries use wording like "buses, trains, etc." Examples of public transport include city buses , trolleybuses , trams (or light rail ) and passenger trains , rapid transit (metro/subway/underground, etc.) and ferries . Public transport between cities
488-642: A property for both private and commercial real estate. Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment. Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being
549-676: A railway with freight trains . A rapid transit railway system (also called a metro, underground, heavy rail, or subway) operates in an urban area with high capacity and frequency, and grade separation from other traffic. Heavy rail is a high-capacity form of rail transit, with 4 to 10 units forming a train, and can be the most expensive form of transit to build. Modern heavy rail systems are mostly driverless, which allows for higher frequencies and less maintenance cost. Systems are able to transport large numbers of people quickly over short distances with little land use. Variations of rapid transit include people movers , small-scale light metro and
610-480: A set of trolley poles for mobility. Online Electric Vehicles are buses that run on a conventional battery, but are recharged frequently at certain points via underground wires. Certain types of buses, styled after old-style streetcars, are also called trackless trolleys, but are built on the same platforms as a typical diesel , CNG , or hybrid bus; these are more often used for tourist rides than commuting and tend to be privately owned. Passenger rail transport
671-412: A single (or return) trip, or valid within a certain area for a period of time (see transit pass ). The fare is based on the travel class, either depending on the traveled distance, or based on zone pricing . The tickets may have to be shown or checked automatically at the station platform or when boarding, or during the ride by a conductor . Operators may choose to control all riders, allowing sale of
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#1732772420904732-413: A smaller suburban or town center. The stations are often combined with shuttle bus or park and ride systems. Frequency may be up to several times per hour, and commuter rail systems may either be part of the national railway or operated by local transit agencies. Common forms of commuter rail employ either diesel electric locomotives, or electric multiple unit trains. Some commuter train lines share
793-574: A station and exchange passengers. There is often a potential conflict between this objective and optimising the utilisation of vehicles and drivers. The main sources of financing are ticket revenue, government subsidies and advertising. The percentage of revenue from passenger charges is known as the farebox recovery ratio . A limited amount of income may come from land development and rental income from stores and vendors, parking fees, and leasing tunnels and rights-of-way to carry fiber optic communication lines. Most—but not all—public transport requires
854-431: A tram line. Light rail lines are, thus, essentially modernized interurbans . Unlike trams, light rail trains are often longer and have one to four cars per train. Somewhere between light and heavy rail in terms of carbon footprint , monorail systems usually use overhead single tracks, either mounted directly on the track supports or put in an overhead design with the train suspended. Monorail systems are used throughout
915-417: Is a stub . You can help Misplaced Pages by expanding it . Public transport Public transport (also known as public transportation , public transit , mass transit , or simply transit ) is a system of transport for passengers by group travel systems available for use by the general public unlike private transport , typically managed on a schedule, operated on established routes, and that may charge
976-507: Is a term used for buses operating on dedicated right-of-way, much like a light rail. Coach services use coaches (long-distance buses) for suburb-to-CBD or longer-distance transportation. The vehicles are normally equipped with more comfortable seating, a separate luggage compartment, video and possibly also a toilet. They have higher standards than city buses, but a limited stopping pattern. Trolleybuses are electrically powered buses that receive power from overhead power line by way of
1037-496: Is a transit technology that moves people in motor-less, engine-less vehicles that are propelled by a steel cable. There are two sub-groups of CPT— gondola lifts and cable cars (railway) . Gondola lifts are supported and propelled from above by cables, whereas cable cars are supported and propelled from below by cables. While historically associated with usage in ski resorts , gondola lifts are now finding increased consumption and utilization in many urban areas—built specifically for
1098-421: Is an all-encompassing term for various types of local rail systems, such as these examples trams , light rail , rapid transit , people movers , commuter rail , monorail , suspension railways and funiculars . Commuter rail is part of an urban area's public transport. It provides faster services to outer suburbs and neighboring satellite cities . Trains stop at train stations that are located to serve
1159-484: Is common with roads for automobiles. Interchanges are locations where passengers can switch from one public transport route to another. This may be between vehicles of the same mode (like a bus interchange), or e.g. between bus and train. It can be between local and intercity transport (such as at a central station or airport). Timetables (or 'schedules' in North American English ) are provided by
1220-600: Is different from personal property, while estate means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within
1281-610: Is dominated by airlines , coaches , and intercity rail . High-speed rail networks are being developed in many parts of the world. Most public transport systems run along fixed routes with set embarkation/disembarkation points to a prearranged timetable, with the most frequent services running to a headway (e.g.: "every 15 minutes" as opposed to being scheduled for any specific time of the day). However, most public transport trips include other modes of travel, such as passengers walking or catching bus services to access train stations. Share taxis offer on-demand services in many parts of
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#17327724209041342-430: Is especially valuable in cases where there are capacity problems for private transport. Investments in infrastructure are expensive and make up a substantial part of the total costs in systems that are new or expanding. Once built, the infrastructure will require operating and maintenance costs, adding to the total cost of public transport. Sometimes governments subsidize infrastructure by providing it free of charge, just as
1403-608: Is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but " flipping " involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as
1464-656: Is reasonably comfortable (seats, toilets, services), and can thus be scheduled and used pleasurably, productively or for (overnight) rest. Chauffeured movement is enjoyed by many people when it is relaxing, safe, but not too monotonous. Waiting, interchanging, stops and holdups, for example due to traffic or for security, are discomforting. Jet lag is a human constraint discouraging frequent rapid long-distance east–west commuting, favoring modern telecommunications and VR technologies. An airline provides scheduled service with aircraft between airports. Air travel has high speeds, but incurs large waiting times before and after travel, and
1525-444: Is the conveyance of passengers by means of wheeled vehicles specially designed to run on railways. Trains allow high capacity at most distance scales, but require track , signalling , infrastructure and stations to be built and maintained resulting in high upfront costs. Intercity rail is long-haul passenger services that connect multiple urban areas. They have few stops, and aim at high average speeds, typically only making one of
1586-721: Is therefore often only feasible over longer distances or in areas where a lack of surface infrastructure makes other modes of transport impossible. Bush airlines work more similarly to bus stops; an aircraft waits for passengers and takes off when the aircraft is full. Bus services use buses on conventional roads to carry numerous passengers on shorter journeys. Buses operate with low capacity (compared with trams or trains), and can operate on conventional roads, with relatively inexpensive bus stops to serve passengers. Therefore, buses are commonly used in smaller cities, towns, and rural areas, and for shuttle services supplementing other means of transit in large cities. Bus rapid transit (BRT)
1647-691: The Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929. Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as
1708-482: The stagecoaches traveling a fixed route between coaching inns , and the horse-drawn boat carrying paying passengers, which was a feature of European canals from the 17th century onwards. The canal itself as a form of infrastructure dates back to antiquity. In ancient Egypt canals were used for freight transportation to bypass the Aswan cataract. The Chinese also built canals for water transportation as far back as
1769-851: The warring States period which began in the 5th century BCE. Whether or not those canals were used for for-hire public transport remains unknown; the Grand Canal in China (begun in 486 BCE) served primarily the grain trade . The bus , the first organized public transit system within a city, appears to have originated in Paris in 1662, although the service in question, Carrosses à cinq sols (English: five-sol coaches), which have been developed by mathematician and philosopher Blaise Pascal , lasted only fifteen years until 1677. Buses are known to have operated in Nantes in 1826. The public bus transport system
1830-620: The Federal Housing Administration. In 1938, an amendment was made to the National Housing Act and Fannie Mae , a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded. Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with
1891-515: The Netherlands many individuals use e-bikes to replace their car commutes. In major American cities, start-up companies such as Uber and Lyft have implemented e-scooters as a way for people to take short trips around the city. All public transport runs on infrastructure, either on roads, rail, airways or seaways. The infrastructure can be shared with other modes, freight and private transport, or it can be dedicated to public transport. The latter
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1952-543: The UK National Infrastructure Commission in 2018 states that "cycling is mass transit and must be treated as such." Cycling infrastructure is normally provided without charge to users because it is cheaper to operate than mechanised transit systems that use sophisticated equipment and do not use human power . Many cities around the world have introduced electric bikes and scooters to their public transport infrastructure. For example, in
2013-578: The city. The Association advocates a greater role for public transport and less dependence on the private car. Key PTUA policies include: Of particular interest to the Association are potential extensions to Melbourne's metropolitan rail network , particularly lines to Doncaster , Rowville (via Monash University 's Clayton Campus ) and Melbourne Airport , the revitalisation of the bus network, including more routes being upgraded to SmartBus status, and filling in so-called "tram missing links", by
2074-713: The commuter rail hybrid S-Bahn . More than 160 cities have rapid transit systems, totalling more than 8,000 km (4,971 mi) of track and 7,000 stations. Twenty-five cities have systems under construction. People movers are a special term for grade-separated rail which uses vehicles that are smaller and shorter in size. These systems are generally used only in a small area such as a theme park or an airport. Trams (also known as streetcars or trolleys) are railborne vehicles that originally ran in city streets, though over decades more and more dedicated tracks are used. They have higher capacity than buses, but must follow dedicated infrastructure with rails and wires either above or below
2135-532: The construction of mostly minor extensions to the tram network that will ensure that routes terminate at nearby railway stations, bus routes and activity centres. The PTUA successfully campaigned for extended New Year's Day public transport hours in 2004, and that has been continued by the state government in subsequent years. They also successfully lobbied for the extension of the 109 tram to Box Hill in Melbourne's east. The association successfully pushed against
2196-626: The contentious idea to prohibit bikes on trains during rush hour in 2008, garnering substantial media attention. The Association maintains a high media profile, publishes a regular newsletter for members, operates an office in Melbourne, and has a branch in Geelong The Ballarat branch is dormant. The current president is Tony Morton, who succeeded Daniel Bowen in October 2012. This article about an organisation in Australia
2257-447: The day or part of the day (known as clock-face scheduling ). Often, more frequent services or even extra routes are operated during the morning and evening rush hours . Coordination between services at interchange points is important to reduce the total travel time for passengers. This can be done by coordinating shuttle services with main routes, or by creating a fixed time (for instance twice per hour) when all bus and rail routes meet at
2318-485: The environmental responsiveness, resource efficiency , and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure , LEED , conservation development , and sustainability developments. Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019
2379-506: The idea of private property. One of the largest initial real estate deals in history known as the " Louisiana Purchase " happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the " Louisiana Territory " as the land was bought from France for fifteen million, making each acre roughly 4 cents. The oldest real estate brokerage firm
2440-659: The incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes. Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999. Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes. Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for
2501-526: The law of each U.S. state. The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy. The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while
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2562-456: The location of their choice (rather than at a stop). Conventional transit simulations show that PRT might attract many auto users in problematic medium-density urban areas. A number of experimental systems are in progress. One might compare personal rapid transit to the more labor-intensive taxi or paratransit modes of transportation, or to the (by now automated) elevators common in many publicly accessible areas. Cable-propelled transit (CPT)
2623-400: The lost time and statistically higher risk of accident in private transport , together with the initial, running and parking costs. Loss of control , spatial constriction, overcrowding , high speeds/accelerations, height and other phobias may discourage use of public transport. Actual travel time on public transport becomes a lesser consideration when predictable and when travel itself
2684-492: The public transport leg of their journey and how close it leaves them to their desired destination. Timeliness is how long they must wait for the vehicle. Directness records how far a journey using public transport deviates from a passenger's ideal route. In selecting between competing modes of transport , many individuals are strongly motivated by direct cost (travel fare/ ticket price to them) and convenience , as well as being informed by habit . The same individual may accept
2745-481: The purchase of a ticket to generate revenue for the operators. Tickets may be bought either in advance, or at the time of the journey, or the carrier may allow both methods. Passengers may be issued with a paper ticket, a metal or plastic token , or a magnetic or electronic card ( smart card , contactless smart card ). Sometimes a ticket has to be validated, e.g. a paper ticket has to be stamped, or an electronic ticket has to be checked in. Tickets may be valid for
2806-619: The purposes of mass transit. Many, if not all, of these systems are implemented and fully integrated within existing public transportation networks. Examples include Metrocable (Medellín) , Metrocable (Caracas) , Mi Teleférico in La Paz , Portland Aerial Tram , Roosevelt Island Tramway in New York City, and the London Cable Car . A ferry is a boat used to carry (or ferry ) passengers, and sometimes their vehicles, across
2867-615: The reduced emissions and other environmental impacts of using public transportation over private transportation, many experts have pointed to an increased investment in public transit as an important climate change mitigation tactic. Conveyances designed for public hire are as old as the first ferry service . The earliest public transport was water transport . Ferries appear in Greek mythology writings. The mystical ferryman Charon had to be paid and would only then take passengers to Hades . Some historical forms of public transport include
2928-617: The same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns. According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier. Other categories The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre. See List of house types for
2989-408: The smoke filled subway tunnels from the steam engines. In 1894, Boston built the first subway in the United States, an electric streetcar line in a 1.5-mile tunnel under Tremont Street's retail district. Other cities quickly followed, constructing thousands of miles of subway in the following decades. In March 2020, Luxembourg abolished fares for trains, trams and buses and became the first country in
3050-565: The term "appraising" was more used in North America. Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel 's 1758 treatise The Law of Nations which conceptualized
3111-717: The ticket at the time of ride. Alternatively, a proof-of-payment system allows riders to enter the vehicles without showing the ticket, but riders may or may not be controlled by a ticket controller ; if the rider fails to show proof of payment, the operator may fine the rider at the magnitude of the fare. Real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property , (more generally) buildings or housing in general. In terms of law, real relates to land property and
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#17327724209043172-504: The track, limiting their flexibility. In the United States, trams were commonly used prior to the 1930s, before being superseded by the bus. In modern public transport systems, they have been reintroduced in the form of the light rail. Light rail is a term coined in 1972 and uses mainly tram technology. Light rail has mostly dedicated right-of-ways and less sections shared with other traffic and usually step-free access. Light rails line are generally traversed with increased speed compared to
3233-517: The transport operator to allow users to plan their journeys. They are often supplemented by maps and fare schemes to help travelers coordinate their travel. Online public transport route planners help make planning easier. Mobile apps are available for multiple transit systems that provide timetables and other service information and, in some cases, allow ticket purchase, some allowing to plan your journey, with time fares zones e.g. Services are often arranged to operate at regular intervals throughout
3294-408: The use and extent of public transport. The International Association of Public Transport (UITP) is the international network for public transport authorities and operators, policy decision-makers, scientific institutes and the public transport supply and service industry. It has over 1,900 members from more than 100 countries from all over the globe. In recent years, some high-wealth cities have seen
3355-536: The world (especially in Europe and east Asia , particularly Japan ), but apart from public transit installations in Las Vegas and Seattle, most North American monorails are either short shuttle services or privately owned services (With 150,000 daily riders, the Disney monorail systems used at their parks may be the most famous in the world). Personal rapid transit is an automated cab service that runs on rails or
3416-544: The world to make all public transport free. The Encyclopædia Britannica specifies that public transportation is within urban areas, but does not limit its discussion of the topic to urban areas. Seven criteria estimate the usability of different types of public transport and its overall appeal. The criteria are speed, comfort, safety, cost, proximity, timeliness and directness. Speed is calculated from total journey time including transfers. Proximity means how far passengers must walk or otherwise travel before they can begin
3477-745: The world, which may compete with fixed public transport lines, or complement them, by bringing passengers to interchanges. Paratransit is sometimes used in areas of low demand and for people who need a door-to-door service. Urban public transit differs distinctly among Asia, North America, and Europe. In Asia, profit-driven, privately owned and publicly traded mass transit and real estate conglomerates predominantly operate public transit systems. In North America, municipal transit authorities most commonly run mass transit operations. In Europe, both state-owned and private companies predominantly operate mass transit systems. For geographical, historical and economic reasons, differences exist internationally regarding
3538-787: Was built for 11 miles of track for the Union Passenger Railway in Tallahassee, Florida, in 1888. Electric streetcars could carry heavier passenger loads than predecessors, which reduced fares and stimulated greater transit use. Two years after the Richmond success, over thirty two thousand electric streetcars were operating in America. Electric streetcars also paved the way for the first subway system in America. Before electric streetcars, steam powered subways were considered. However, most people believed that riders would avoid
3599-626: Was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner". In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term " realtor " was coined to identify real estate professionals. The stock market crash of 1929 and
3660-664: Was introduced to London in July 1829. The first passenger horse-drawn vehicle opened in 1806. It ran along the Swansea and Mumbles Railway . In 1825 George Stephenson built the Locomotion No 1 for the Stockton and Darlington Railway in northeast England, the first public steam railway in the world. The world's first steam-powered underground railway opened in London in 1863. The first successful electric streetcar
3721-415: Was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings. Investment in real estate can be categorized by financial risk into core, value-added , and opportunistic . Real estate development can be less cyclical than real estate investing. In markets where land and building prices are rising, real estate
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