Now Coveted: A Walkable, Convenient Place
Today, the most valuable real estate lies in walkable and bikable urban locations. A location’s walkability is defined by how much of the everyday needs can be met within walking, transit, or biking distance. The New York Times article by CHRISTOPHER B. LEINBERGER, a George Washington University School of Business and a senior fellow at the Brookings Institution, Now Coveted: A Walkable, Convenient Place, describes how housing value is positively correlated to walkability scores.