Abstract
We investigate the role of smart growth in household location choice in the Chicago region, using a discrete choice analysis. In the midst of continued region-wide suburbanization, households tend to move to neighborhoods with rich consumption amenities and high transit access. However, this study does not find evidence that the neighborhood’s physical compactness is a significant location factor. Location preference for compact, mixed-use, and transit-oriented neighborhoods is significantly affected by the life cycle stage and income level, but less influenced by generation and age. Millennial households show strong preference for amenities and transit access only before they marry and have children.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
