• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / News / Potential driver behind declining property values

Potential driver behind declining property values

September 18, 2009 By Brian Moon

Although not as hard hit as some places, property value of the average southeast Wisconsin home has dropped 27-percent in net worth in the past few years says Scott Bernstein of Center for Neighborhood Technology (CNT).  However those homes with access to transportation alternatives to car ownership fared better in maintaining property value.

The transportation researcher says studies around the US show people are saving up to 20-percent of their income if they are finding alternatives to owning several cars per household being driven 35,000 miles annually.

Regional transit plans being proposed or implemented include a commuter rail, a Milwaukee streetcar system as well as bus expansion.

Bernstein was keynote at a summit “Regional Conference: Get on Board” in Milwaukee today. The city’s Mayor Tom Barrett and Wisconsin Administration Secretary Michael Morgan also spoke at the event.

AUDIO: Brian Moon reports (MP3 :57)

Share this:

  • Facebook
  • Twitter

Filed Under: News





compeer financial celebrates beef month

Featured Stories

Wisconsin DNR warns of elevated fire danger this week

Baldwin announces U.S. Senate reelection bid

‘Tragic, terrible’ – Sheriff on Barron County police officers deaths

Two police officers killed in Barron County shootout

UW System Regents approve tuition increase

TwitterFacebook

Sports Headlines

Evers’ AmFam funding plan ‘a nonstarter’ with Assembly Republicans

New pitch clock could speed up MLB games this season, says UW expert

Giannis breaks franchise scoring record, Bucks beat Nets in OT

Wisconsin’s Davis declares for NBA Draft

Badgers to face Arizona State in Las Vegas Bowl

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2023 · Learfield News & Ag, LLC