WALKABILITY’S IMPACT ON HOUSING VALUES, CRIME AND FORECLOSURES

In a new study “Does Walkability Matter? An Examination of Walkability’s Impact on Housing Values, Foreclosures and Crime,” researchers examined 170 neighborhoods in a medium-sized city to see whether walkability influences neighborhood sustainability. Their analysis shows a positive impact not only on neighborhood housing valuation but also on lessened neighborhood crime and foreclosures. These results provide policy opportunities for planners and citizen groups to pursue strategies to encourage the development of more walkable and sustainable neighborhoods. The downloadable .pdf of the study, published in Cities Magazine, Volume 42, Part A, is available for $19.95 at the Science Direct web site: http://bit.ly/1OGUQ7r