Wednesday, June 15, 2016

Walkable urbanism

"Walkable development commands a big rental premium over the drivable, suburban type (a 90% advantage for office space, for example), and that walkable metros are also more "socially equitable." That's because of lower transport costs and better access to employment: Moderate income households in the top six most walkable urban metros spent 9.6% less on average for transport compared to the lowest ranked places (19% versus 28.6% of their budgets)"

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