Friday, April 15, 2011

Four in 10 say they want to live in a rural area or small town, but what about commuting?

About 40 percent of Americans want to live in a rural area or small town, says a report from the National Association of Realtors. "Americans are dreaming new dreams and making new choices, when it comes to choosing where and how they want to live," Richard Florida writes for The Atlantic. "More and more, they're choosing not to go further out so they can get bigger houses set on bigger lots." Just under half of respondents said they want to live in a city, while 22 percent said rural area and 18 percent said small town. Just 12 percent said they wanted to live in a suburban neighborhood with just houses.

While four out of every 10 Americans said they wanted a small-town or rural home, that doesn't mean they are willing to make long commutes to work. Around 59 percent said they would choose a smaller house and lot if it meant a commute time of 20 minutes or less. "The ideal home today is located closer to the workplace and mass transportation and in a neighborhood that's denser and mixed use, with amenities and businesses--parks, pharmacies, grocery stores, doctors offices, schools, restaurants--that can be walked to," Florida writes. (Read more)

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