Hey Everyone,
I've been getting fed a lot of content on walkability lately and have experienced it at times in my life and personally prefer it to suburban living. So I've decided to make it my nitch, I have no properties yet just plans, however is this real or just something that sounds right.
https://youtu.be/uEkgM9P2C5U
I've watched and listened to several different content providers and city planners that swear by walkability. To summerized walkability is the ease with which you can walk from your home or apartment to all your daily needs. I believe someone said it was around 1.4 miles. And that other walkable areas are accessible by public transportation.
The United States has largely been regulated against this type of mixed use highly desirable area. This is despite evidence that suburbs are not income to a city after a few years as the spread out infrastructure costs eventually overtake the tax income.
The per capita carbon emissions of low density areas are higher then the the city and walking in the suburbs is more dangerous due to cars.
With all these reasons and more shouldn't all of us investing in long term rentals be seeking to increase these types of areas and invest in them?
The old cities like Boston and New York tend to be designed around walking and have some of the highest property values now.
I feel like a family that doesn't have to buy a car to live will have more money to pay rent.
So tell me what you think should I try to buy walkable properties? Should we try to meet with and change city plans/planners? Do these properties really make for happier healthier people?