2010
07.21

When you purchase your new home, consider the option of living near public transportation. There are many benefits from living near public transportation.

Most of all, it’s very convenient. Living near public transportation, you are able to hop on a bus or train in matter of minutes to get you where you need to go and you don’t have to worry about driving to the destination.

Similarly, by having these public transport nodes close by, you will find it is easy to get anywhere. If you live near one of these hubs then you will not have a problem getting to or from all the important things in life.

When good public transportation is just nearby, this eliminates the need of having to buy a car. Even if you have one, you will be less inclined to use it on a daily basis, thus making you save in gas and other car related expenses.

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.

A reliable and well-maintained public transportation system is also an indicator of how the local government values maintenance of public infrastructure. The chance that other public services from the local government will be as good is high.

Communities near public transportation services have a lower foreclosure rate. This is proven by research performed by the Natural Resources Defense Council. They conducted research in cities across California, Florida, and Illinois to find the affects of public transportation on communities.

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.

The author has been blogging about public transportation for the past three years. Moreover, this author likes blogging about NYC neighborhoods, such as Lower East Side apartments as well as Financial District real estate.

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