Saturday, April 27, 2024

housing

Financing & EconomicsHousing

How Residential and Commercial Property Values Rise in Transit Sheds

Resource Link: The Real Estate Mantra – Locate Near Public Transportation by the American Public Transportation Association

This study reveals that it is getting increasingly expensive to live near public transit. As more and more cities invest in mixed-use developments, house prices and rents within a half-mile of transit facilities are increasing at a faster rate than those in neighborhoods farther away.

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