LEED-ND: NEW RATING SYSTEMS FOR GREEN NEIGHBORHOODS IS INAUGURATED -- part 10

LEED-ND “People should not look at it as some kind of radical environmental movement, LEED-ND is very consistent with real estate trends,” CNU’s Norquist said. “Studies have shown greater price collapses in the housing market that is far remote from job sites. In many areas, the far-flung sprawl is doing worse than the old city center neighborhoods. Areas with convenience to shopping, jobs and activities are performing better in the market.” Norquist noted that gasoline is no longer cheap and governments can no longer afford to pay for superhighways and the entire infrastructure needed to support sprawl. “If grade separated highways were the answer to economic vitality, Detroit would be the richest city in the world,” Norquist observed.