Wednesday, May 4, 2011

Housing stimulus idea

From Crikey:

Local bike paths mean higher house prices

That is one housing stimulus package I would be happy to see implemented.  From the comments section:

More accurate take on alternate headline –
Bikeways found to be desirable trait amongst urban home buyers.
Temporary shortage of bikeways elevates prices in areas with bike paths.
Once all areas have bike paths, price distortion will be nil.

Captain Planet

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