Residents from Diverse Socio-Economic Levels
Economics Residents from Diverse Socio-Economic Levels Transit-oriented development (TOD) is a type of housing development located near major transit stops so that residents have only a short distance to walk to reach a mass transportation station. TOD is attractive to many cities and urban areas because it is designed as sustainable development. The households constructed are targeted for mixed-use by residents of all ages and with varying incomes who can easily access rail or bus transportation. A mix of socio-economic levels is a characteristic of TOD. The availability of mass transit decreases the negative impacts of automobiles on the environment. Less ...
