• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
  • Say hello
Rethink Real Estate. For Good.

Rethink Real Estate. For Good.

  • Podcast
  • Articles
  • In the news
  • Speaking and media
    • About Eve
    • Speaking requests
    • Speaking engagements
    • Press kit
  • REAL ESTATE INVESTMENT PORTAL

Urban economics.

December 14, 2020

Simply put, urban economics is the study of buildings and cities and why they develop the way they do. Urban economics help us to determine why certain places are so much more vital than others through the exploration of land-use, zoning, employment patterns, and the price of land.

Over the last century cities have experienced massive change. With the arrival of the automobile our cities transformed from the once walkable urban areas they were into soulless, car-centric cities surrounded by outlying suburbs. By the 1980s most of the real estate investment and development energy had shifted to business parks, malls and sub-divisions.

But now we’re back to wondering whether cars should be part of the equation. Cities and cars are an expensive mismatch and we can see that cars waste space. Several American cities are even considering demolishing highways to reclaim precious land.

One of the more recent additions to the toolbox for the urban economist is the measurement of walkability. Walkable neighborhoods are once again seeing a renaissance. They not only offer residents more convenience and character, but also a more active and environmentally friendly lifestyle. And we’re also discovering that walk scores can have serious economic consequences. Redfin, owners of the go-to application for measuring walkability Walk Score®, say that one Walk Score point can increase the value of a home by an average of $3,250. Hence an increasing number of new developments are being planned as mixed-use communities where residents can walk to all the amenities they need.

Christopher Leinberger’s fascination with cities started at an early age and evolved into an astounding career working on urban land issues as a strategist, teacher, developer, researcher and author. He was a member of the original board of Walk Score and continues to use the tool in his research at The Brookings Institute and George Washington University. With his latest endeavour, Places Platform, he’s building a “Sim City for real estate and place management and city management” by developing more tools and methodologies to measure economic, social equity and environmental conditions in cities and metropolitan areas.

If you’re a city lover, like I am, listen to my interview with Christopher Leinberger

Image courtesy of John D Norton

Learn some more …

Filed Under: All, Development, Equity, Learn, Mobility Tagged With: Community, Design, Environment, Impact, zoning

Primary Sidebar

sign up here

APPLY TO BE A PODCAST GUEST

EVENTS TO ATTEND

May 20
12:00 pm - 12:30 pm EDT

Ask Eve. How to Raise Money for Your Real Estate Project Online.

Jun 10
12:00 pm - 12:30 pm EDT

Ask Eve. How to prepare a real estate offering.

Sep 15
September 15 - September 16

SuperCrowd 22: A virtual conference for social entrepreneurs.

View Calendar

More to See

Turnkey goes online.

November 22, 2021

3D printed houses.

November 8, 2021

Greater mass.

October 25, 2021

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter

Categories

All Climate Community Crowdfunding Development Equity FinTech Investing Learn Listen Mobility Press PropTech Visionary

Footer

©rethinkrealestateforgood.co. The information contained on this website is for general information purposes only. Nothing on this website is intended as investment, legal, tax or accounting strategy or advice, or constitutes an offer to sell, solicit or buy securities.
 
Any projections discussed or made may not be accurate and do not guarantee a specific outcome. All projections or investments are subject to risk due to uncertainty and change, including the risk of loss, and past performance is not indicative of future results. You should make independent decisions and seek independent advice regarding investments or strategies mentioned on this website.

Recent

  • On making waves
  • New markets for main street.
  • I do a bunch of weird stuff.
  • Net zero building.  It’s a boom!
  • Landing a home.

Search

Categories

Climate Community Crowdfunding Development Equity Fintech Investing Mobility Proptech Visionary

 

Copyright © 2022 · Magazine Pro on Genesis Framework · WordPress · Log in