Public Transportation – The Importance Of Deciding On A New Home Nearby
One of the things that you should look out for when shopping around for a new home is that the property should be near good public transportation. The importance of this is highlighted by the many benefits that you can experience.
Topping the list is convenience. By just walking a few steps, you will be able to get to a train station or a bus stop in a few minutes.
Public transportation allows for easy access to an unlimited amount of destinations. Malls, parks, markets, places of employment, hospitals, and schools can be easily accessed thanks to public transportation.
The beauty is that if you live near convenient public transport then you will not need to own an automobile. If you already own when, then you will not want or need to use it as often thus saving you money on gas and parking amongst other things.
If we all use our cars less, and own fewer, there will be less carbon emissions, which is also beneficial for our air and our environment. Another thing to remember is that using public transport is far more relaxing than driving, so you can just sit back and relax.
The better the public transportation network, the better the local body government is, and the better the upkeep on the network. Usually, if the area has a good network everything else will be better too.
As if to reiterate these benefits of having a home where good public transportation is nearby, a study reveals that these homes or communities have lower foreclosure rates. Conducted by the Natural Resources Defense Council, this study was done in selected cities in California, Illinois, and Florida.
One probable reason for the correlation between foreclosure rates and public transportation is that savings on transportation costs from not buying a car turns out to be that significant. Not having to spend much on transportation means that you can actually divert your resources to spending more on making your house a home.
This individual has been writing on public transportation for the previous five years. In addition, the individual is fond of contributing information regarding New York neighborhood subjects, like Lower East Side apartments as well as apartments Financial District.
categories: Real Estate,Transportation,Home,Family,Moving,Relocation,Leasing,Renting,Parenting,Children,Women,Advice,Finance,Personal Finance
July 14, 2010 | Posted by Ryan Hawkins
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