Walkability Dictates Severity of Housing Decline
Posted by Matthew Brian Hersh on June 30, 2010
Here’s an interested graphic from Calculated Risk that reflects the recently released Case-Schiller Home Price Index. The chart indicates that those areas with more central, walkable downtowns have held up better in terms of property value loss than others, or, as Richard Florida noted on his blog, “In particular, walkability and neighborhood quality seem to be emerging as the best hedge against massive housing price declines.
National Housing Institute
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