Mortgages in walkable areas less likely to default.

[urbanrealtor]

TG and sdr have a point.
However, an additional issue (it is connected but not redundant) is that those older, walkable areas tend to be located in historic centers of commerce and finance.
Detroit is also one of these.
However, unlike Manhattan or San Francisco, the financial center of that city was basically liquidated and the population pushed to the suburban and exurban periphery.

No matter how walkable Detroit is, it can’t escape its economic situation.

[briansd1]

[quote=pemeliza]
For myself, having lived in a suburb (Encinitas), followed by a walkable college town in North Carolina, I’m finding my current area (Mission Hills) to be a nice compromise.[/quote]

I agree pemeliza. Mission Hills is a nice compromise. But it’s a compromise.

I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.

Even if you live in a “walkable” area of San Diego, you probably end up driving at least 3 times per week, if not everyday.

[briansd1]

[quote=pemeliza]
For myself, having lived in a suburb (Encinitas), followed by a walkable college town in North Carolina, I’m finding my current area (Mission Hills) to be a nice compromise.[/quote]

I agree pemeliza. Mission Hills is a nice compromise. But it’s a compromise.

I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.

Even if you live in a “walkable” area of San Diego, you probably end up driving at least 3 times per week, if not everyday.

[briansd1]

[quote=pemeliza]
For myself, having lived in a suburb (Encinitas), followed by a walkable college town in North Carolina, I’m finding my current area (Mission Hills) to be a nice compromise.[/quote]

I agree pemeliza. Mission Hills is a nice compromise. But it’s a compromise.

I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.

Even if you live in a “walkable” area of San Diego, you probably end up driving at least 3 times per week, if not everyday.

[briansd1]

[quote=pemeliza]
For myself, having lived in a suburb (Encinitas), followed by a walkable college town in North Carolina, I’m finding my current area (Mission Hills) to be a nice compromise.[/quote]

I agree pemeliza. Mission Hills is a nice compromise. But it’s a compromise.

I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.

Even if you live in a “walkable” area of San Diego, you probably end up driving at least 3 times per week, if not everyday.

[briansd1]

[quote=pemeliza]
For myself, having lived in a suburb (Encinitas), followed by a walkable college town in North Carolina, I’m finding my current area (Mission Hills) to be a nice compromise.[/quote]

I agree pemeliza. Mission Hills is a nice compromise. But it’s a compromise.

I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.

Even if you live in a “walkable” area of San Diego, you probably end up driving at least 3 times per week, if not everyday.

[briansd1]

Also an additional issue (it is connected but not redundant) is that walkable areas of the country tend to have higher proportions of minorities. But that doesn’t say anything.

If you look at NYC, the proportion of whites in Manhattan is lower than in other parts of the country. But why are Manhattan prices so high? Because of the minority population? Certainly not.

Certain things are related and coincidental but not causative.

[briansd1]

Also an additional issue (it is connected but not redundant) is that walkable areas of the country tend to have higher proportions of minorities. But that doesn’t say anything.

If you look at NYC, the proportion of whites in Manhattan is lower than in other parts of the country. But why are Manhattan prices so high? Because of the minority population? Certainly not.

Certain things are related and coincidental but not causative.

[briansd1]

Also an additional issue (it is connected but not redundant) is that walkable areas of the country tend to have higher proportions of minorities. But that doesn’t say anything.

If you look at NYC, the proportion of whites in Manhattan is lower than in other parts of the country. But why are Manhattan prices so high? Because of the minority population? Certainly not.

Certain things are related and coincidental but not causative.

[briansd1]

Also an additional issue (it is connected but not redundant) is that walkable areas of the country tend to have higher proportions of minorities. But that doesn’t say anything.

If you look at NYC, the proportion of whites in Manhattan is lower than in other parts of the country. But why are Manhattan prices so high? Because of the minority population? Certainly not.

Certain things are related and coincidental but not causative.

[briansd1]

Also an additional issue (it is connected but not redundant) is that walkable areas of the country tend to have higher proportions of minorities. But that doesn’t say anything.

If you look at NYC, the proportion of whites in Manhattan is lower than in other parts of the country. But why are Manhattan prices so high? Because of the minority population? Certainly not.

Certain things are related and coincidental but not causative.

[UCGal]

[quote=briansd1]
I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.
[/quote]

I know two families.
both live and work in the UTC area. When they need a car they use zipcar.

For them, it works. They picked their neighborhood for the infrastructure of public transit, groceries, etc.

but I’ll admit – it’s pretty darn unusual.

[UCGal]

[quote=briansd1]
I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.
[/quote]

I know two families.
both live and work in the UTC area. When they need a car they use zipcar.

For them, it works. They picked their neighborhood for the infrastructure of public transit, groceries, etc.

but I’ll admit – it’s pretty darn unusual.

[UCGal]

[quote=briansd1]
I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.
[/quote]

I know two families.
both live and work in the UTC area. When they need a car they use zipcar.

For them, it works. They picked their neighborhood for the infrastructure of public transit, groceries, etc.

but I’ll admit – it’s pretty darn unusual.

[UCGal]

[quote=briansd1]
I don’t know anyone in San Diego who is gainfully employed and doesn’t own a car. That says a lot about walkability in San Diego. If you have a good job, good income and don’t need to own a car, then I’d say that you live a walkable area.
[/quote]

I know two families.
both live and work in the UTC area. When they need a car they use zipcar.

For them, it works. They picked their neighborhood for the infrastructure of public transit, groceries, etc.

but I’ll admit – it’s pretty darn unusual.

[Author]

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