Tuesday, May 27, 2008

Pent Up Demand for TODs

The demand to live in TODs in the United States far outweighs the supply. My research has found that the demand for TOD is about 30 percent of the overall population but the current supply is less than 2 percent. With increasing gas prices, you can begin to understand why people would want to live closer to train stations, so they can walk, bike, and use transit as an alternative to driving.