When it comes to real estate, the mantra has always been "location, location, location". But now, as congestion and sprawling development increase rapidly, that mantra is being modified to include "accessibility".
"The severe traffic congestion, which is getting worse every year as the number of cars on the roads increases, particularly in Johannesburg, could soon negatively affect property values for all property types, including retail, office and residential property."
"New office blocks, for instance, and large regional shopping centres in congested areas are becoming increasingly less accessible for office workers and shoppers, who may spend several hours trying to reach these destinations."
"The solution may lie in the creation of more mixed-use developments where people can live, work and play in the same area."
FULL STORY: Congestion creeps up on property values

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.

The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.

Trump Approves Futuristic Automated Texas-Mexico Cargo Corridor
The project could remove tens of thousands of commercial trucks from roadways.

Austin's First Single Stair Apartment Building is Officially Underway
Eliminating the requirement for two staircases in multi-story residential buildings lets developers use smaller lots and more flexible designs to create denser housing.

Atlanta Bus System Redesign Will Nearly Triple Access
MARTA's Next Gen Bus Network will retool over 100 bus routes, expand frequent service.
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US High Speed Rail Association
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