9 ms·
I agree, but I think GP is also considering the premium paid to live in a "walkable" area.
by wrigby 10y ago
I agree, but I think GP is also considering the premium paid to live in a "walkable" area.
- kchoudhu 10y agoYeah, the math doesn't always work out. In our case, it did: we spent six weeks in LA, and we paid a good $500 extra to live in a townhouse that had a grocery store, mall and park within walking distance. What we spent extra on the location (I think) we made up in not having to pay for a long term car rental. If we were doing this long term and had to weigh against buying a car, I think the math would have worked out differently.
- creyes 10y agoFact. Just google'd average 1 bedroom rent in LA and I pay a good ~$1k more... mostly for walkability
- mjevans 10y agoI feel like if the premium wasn't there, due to sufficient competition among buildings and/or walkable areas OUTSIDE of the downtown cores (sub-nodes?) that it would be more viable for people to make that choice.