UnThreaded | Threaded | Whole Thread (30) | Ignore Thread Prev | Next
Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127715  
Subject: Re: Location, Location, Location Date: 10/12/2013 12:41 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Their lack of outdoor space and high density living is clearly making them less desirable. City life has major downsides for families, plus the general noise and crime problems. With both parents working in most young families, schools are the most critical item.

A walkable community is not always about the city. However, it contains open space that is maintained by an HOA, stores and offices that you can walk to. Our suburb turned down one of these developments as too congested, which is a real shame, as you could have gotten a single family home, townhouse or condo, as well as being walk to train for the city commute. And it had a ton of open space with walking trails, dog park, etc. Here's an article from 2011 from a town center being proposed in WI, quite a ways from us:

But this is where city officials hope to see a bit of urban development in the form of multistory apartment buildings with street-level commercial space - largely unheard of in Mequon. They say the project would help create a "town center," while also generating property taxes to help pay down a city debt tied to the development site.

"This is a significant step forward in urbanizing a small portion of a suburban community," said Mayor Curt Gielow. "It puts some vibrancy in the area to attract some other things."


http://www.jsonline.com/business/mequons-town-center-proposa...

And here's an article about Vail:

Trends: Homeowners look for walkability, fewer square feet in new mountain market
KIM MARQUIS | Thu., June 27, 2013 @ 2:18 pm
inShare0
VAIL—If recent findings about new housing demand after the national recession are correct, homeowners in the mountain West will look for a different kind of living situation, one that closer resembles city living than the quintessential cabin in the woods.

Homes will be smaller, attached or placed very close together, and definitely within walking distance to shops and restaurants. What happened to the desire to own a cabin in the woods? For one thing, whether they are truly cabins or McMansions sitting on 40 acres miles from the closest town, rural sprawl has never been eco-friendly.


http://www.denverijournal.com/article.php?id=8995

Lots of other examples on line, but one thing is clear is that people want the city convenience no matter where it's located. Not a regional trend.

IP
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (30) | Ignore Thread Prev | Next

Announcements

Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Apple

Wal-Mart Nixes Apple Pay
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement