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Study says Americans prefer walkable neighborhoods

A man walks by a McSorley's bar in the East Village of New York City.

CORRECTION: The original text with this interview misstated how much people are willing to pay to live in a "walkable" neighborhood. It is as much as $1,200 more a month.  The text has been corrected.

New research from the Brookings Institution says Americans will pay up to $1,200 more in rent every month to live in a "walkable" neighborhood -- say, a place near their dry cleaners or grocery store or favorite restaurant. Christopher Leinberger of the Brookings Institution was a co-author of the report and he spoke with us about the new urbanized suburb and the rise in singles home buyers.

About the author

David Brancaccio is the host of Marketplace Morning Report. Follow David on Twitter @DavidBrancaccio

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