Walkable neighborhoods are appealing to many people, but auto-oriented suburban neighborhoods are also appealing to many people. This tends to result in an anecdote-heavy and unproductive debate about what real estate markets are telling us about urban planning. Into the breach step Emily Washington and Eli Douardo who use Walk Score data to create a proper fixed-effects model across all metropolitan and micropolitan statistical areas in the United States and conclude on a preliminary basis that a one-point improvement in Walk Score is worth about $850 in extra willingness to pay for a house.
This is probably not the last word on the subject, but it’s a nice line of inquiry. It’s also a kind of cool example of the secondary benefits of certain kind of tech innovation. The Walk Score site is useful on its own terms as a consumer tool, but it’s also a rich source of data for research that may improve future larger-scale political or commercial decisions.
TODAY IN SLATE
Don’t Worry, Obama Isn’t Sending U.S. Troops to Fight ISIS
But the next president might.
IOS 8 Comes Out Today. Do Not Put It on Your iPhone 4S.
Why Greenland’s “Dark Snow” Should Worry You
How Much Should You Loathe NFL Commissioner Roger Goodell?
Here are the facts.
Three Talented Actresses in Three Terrible New Shows
The Human Need to Find Connections in Everything
It’s the source of creativity and delusions. It can harm us more than it helps us.
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More Than Scottish Pride
Scotland’s referendum isn’t about nationalism. It’s about a system that failed, and a new generation looking to take a chance on itself.