As urban residents place orders for online goods with increasing frequency, the challenge of managing urban freight deliveries grows. City street networks—designed for transit, walking, and biking—are unable to handle this level of freight traffic. Cities, freight haulers, and developers will need to develop new policies and land use strategies to manage this inflow of truck traffic as the retail economy continues to shift to an online/delivery paradigm.
Month: May 2017
How much more is a home worth if it’s near transit?
Is a home near transit really worth more? According to a Redfin study, the answer is, “Yes. And often it’s worth a lot more.” Real estate firm Redfin looked at 14 metro areas and compared homes that were otherwise similar except for their Transit Score. In 13 of the metro areas, the homes with higher Transit Scores were worth more.
How much more is a home worth if it’s near transit?
Is a home near transit really worth more? According to a Redfin study, the answer is, “Yes. And often it’s worth a lot more.” Real estate firm Redfin looked at 14 metro areas and compared homes that were otherwise similar except for their Transit Score. In 13 of the metro areas, the homes with higher Transit Scores were worth more.