Homebuyers are looking for locations with quality transit access in Los Angeles, and they're willing to pay more for the option having transit nearby.
"Access to public transit is the new granite countertop when it comes to home listings," writes Noah Buhayar.
"That’s the takeaway from a study by real estate data firm Trulia, which looked at the language used to describe homes on the market in Los Angeles from 2013 to 2018. Mentions of the city’s transit more than doubled over the period and for all but the most expensive quarter of homes, sellers got rewarded for it. On average, the premium was 4.2 percent."
FULL STORY: Transit proximity raises prices of homes in LA
Opinion: LA Should Reject ‘Misguided’ Car-Centric Policies
Even as the city highlights clean energy and transportation for the 2028 Olympics, Metro and Caltrans move forward with plans to expand highways.
LA to Launch Bus Lane Enforcement Cameras
Bus-mounted cameras will identify vehicles that block designated bus lanes to help prevent delays and maintain reliable transit operations.
LA is Electrifying its Bus Fleet, but Olympic Transit Challenges Remain
The region is preparing its transit system to handle the more than one million visitors expected during the 2028 Olympic Games.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
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