Housing Follows The Trains

Public subsidies, new zoning rules and shifting demographics are fueling a housing boom near transit stations.

1 minute read

October 25, 2004, 11:00 AM PDT

"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

Read the full story: Many Are Stationing Themselves Near Depots

Monday, October 25, 2004 in The Los Angeles Times

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