Great insights. Any data on walkability being a factor in which rural areas are growing? If my fellow millennials are like me, I love the idea of going rural so long as there’s a downtown to enjoy. Looking forward to your next post
The most appreciated towns have walkable downtowns, or are near walkable downtowns, with residential sprawl. Most trips will require a car. Cambridge, the least appreciated market, is one of the few places in the state where car ownership is not necessary.
I suspect the lack of “pure walk-ability” in the most appreciated markets is because older folks are driving the market. They are more car centric. As millennials build wealth I’d imagine the towns that get denser will outperform. Then again, maybe our preferences change as we get older
Great insights. Any data on walkability being a factor in which rural areas are growing? If my fellow millennials are like me, I love the idea of going rural so long as there’s a downtown to enjoy. Looking forward to your next post
Great to hear from you Kyle! Good question.
The most appreciated towns have walkable downtowns, or are near walkable downtowns, with residential sprawl. Most trips will require a car. Cambridge, the least appreciated market, is one of the few places in the state where car ownership is not necessary.
I suspect the lack of “pure walk-ability” in the most appreciated markets is because older folks are driving the market. They are more car centric. As millennials build wealth I’d imagine the towns that get denser will outperform. Then again, maybe our preferences change as we get older