New Jersey Future Blog
Walkable, Transit-Rich Neighborhoods Poised for Comeback
July 23rd, 2010 by Tim Evans
- image source: The Atlantic
In the June 2010 issue of the Atlantic, contributor Christopher Lineberger argues in “Here Comes the Neighborhood” that the recent plunge in housing prices hasn’t affected walkable neighborhoods in urban and inner-suburban areas to the same extent as elsewhere. Demand for in-town housing will increase in the future, he says, thanks to the changing demographics of household composition. (The keynote speaker at New Jersey Future’s Redevelopment Forum earlier this year, real estate expert Jeffrey Otteau, sounded similar themes.) Lineberger also raises the question of whether privately-financed mass transit could be another example of transportation policy going “back to the future” for inspiration.
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Tags: Compact development, Demographics, Metropolitan issues, Transit
