Smart Growth Communities Are More Affordable

Smart growth lowers consumer location costs for housing and transportation, a ULI analysis shows.

1 minute read

September 12, 2003, 11:00 AM PDT

By Chris Steins @planetizen


"Metropolitan areas with more compact growth, a wide mix of land uses, plentiful transportation options, and which were mostly developed prior to the use of the automobile are generally less expensive places to live, in terms of the combined costs for housing and transportation, according to an analysis of consumer expenditures by the Urban Land Institute (ULI)."

Thanks to The Practice of New Urbanism

Monday, September 8, 2003 in Urban Land Institute

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