Study says Americans prefer walkable neighborhoods

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.