Housing Follows The Trains

Public subsidies, new zoning rules and shifting demographics are fueling a housing boom near transit stations.
October 25, 2004, 11am PDT | Chris Steins | @urbaninsight
Share Tweet LinkedIn Email Comments

"Tired of the hassles of driving or drawn to a more urban lifestyle, people like Sayegh are helping fuel a housing boom near transit stations in Southern California and across the nation.

In Los Angeles County, more than $4 billion worth of new projects near subway or light-rail stations have either opened this year or are underway..."

According to a new study by the Oakland-based Center for Transit-Oriented Development, five metropolitan areas — Los Angeles, New York, San Francisco, Boston and Chicago — are "the hottest markets for transit-oriented housing in the next 20 years."

Thanks to Chris Steins

Full Story:
Published on Monday, October 25, 2004 in The Los Angeles Times
Share Tweet LinkedIn Email