Real estate expert talks walkabilty, transit and implications for Southeast Michigan

Our sister publication Capital Gains in Lansing sits down and talks with Christopher Leinberger, keynote speaker at the upcoming Michigan Land and Prosperity Summit at the Lansing Center on April 15. (Click here to learn more and to register.)Leinberger, who also directs the Graduate Real Estate Development Program at the University of Michigan, was in Lansing recently for an event hosted by the Michigan Association of Planning and talked with Brad Garmon of Capital Gains about Michigan’s prospects in a rapidly
changing real estate climate and he had a lot to say about walkability and our favorite, transit.Excerpt:”If you don’t offer the market the breadth of choice it wants, you’re not competitive. If you’re a Millennial, or if you’re an urban dwelling Baby Boomer,
and the only option [Michigan offers] as far as how you live is a
one-to-the-acre single family house, you’re just not competitive.”You haven’t held onto your young people because you’ve not offered them the walkable urban way of living, and they’ve left. …”The implication for Michigan, especially Southeast Michigan, is
that rail transit is the most essential infrastructure. The most
important decision you will make, the most important investment you
will make, is in rail transit in the early 21st century.”Read the entire article here.