Wednesday, August 13, 2008

Walkability Becomes Plus for Buyers

Walk Score identifies San Francisco as the most walkable city in the United States, mainly due to the close proximity of amenities in its Chinatown, Financial District, and Downtown neighborhoods.

New York's Tribeca, Little Italy, and Soho neighborhoods helped it land a No. 2 ranking on the Web site's list of the most walkable cities, with Boston, Chicago, Philadelphia, Seattle, the District of Columbia, Long Beach, Los Angeles, and Portland rounding out the top 10, in that order.

Experts say more people are moving to urban areas as a way to spend less money on gas, though convenience and exercise also play a role.

The Center for Neighborhood Technology--which insists a shift in transportation spending is necessary to make mass transit more efficient--says individuals reduce their annual gas expenses by as much as $2,100 when they live in urban areas versus outer-ring suburbs.

Source: Seattle Times, Amy Hoak (08/10/08)

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