Comment 87367

By J (registered) | Posted March 19, 2013 at 21:44:24

The next step is to get banks to understand these numbers and start offering walkability indexed mortgages. The more walkable your house is the smaller your transportation expenses, and thus the greater equity you should be able to support.

Also property taxes could be based on location or efficiency rather than property value. The person living in a 30 story condo in Beasley should be paying a tenth the rate of someone in Ancaster. Her load on the road and water systems are tiny in comparison.

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