Why you pay more for walkable and bikeable neighborhoods

Analysis in the Atlantic Cities:

http://www.theatlanticcities.com/jobs-and-economy/2012/05/why-you-pay-more-walkable-neighborhoods/2122/#

“It wasn’t that many years ago that walkable urban places had a price penalty associated with them, not a price premium,” Leinberger says. “That’s the structural shift. And when you have a structural shift, it’s important to change your public policy to take it into consideration.”