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"Walkability is a good investment. According to a 1998 analysis by ERE Yarmouth and Real Estate Research Corporation, real estate values over the next 25 years will rise fastest in 'smart communities' that incorporate traditional characteristics of successful cities including a mix of residential and commercial districts and 'pedestrian-friendly configuration.'"



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www.lgc.org


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Author(s):
Local Government Commission (LGC)
Center for Livable Communities, American Institute of Architects
Source(s):
The Economic Benefits of Walkable Communities

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