Bedroom Community
The definition of a bedroom community, or commuter town in real estate is a unique type of community that merely uses their homes to sleep, while doing everything else offsite. In a bedroom community, people work, eat and engage in recreational activities away from their homes, only returning to their domiciles to sleep.
These communities are a fascinating phenomenon, characteristic of the unique social paradigms in large cities that manifest due to the dynamic nature of modern metropolitan life. Now, let’s look at an example of a bedroom community, and exactly what life looks like in one of these unique areas.
Pros and cons of living in a bedroom community
In the past half-century, bedroom communities have cropped up across the United States, in virtually every major metropolitan city. A desire to escape the traffic, pollution, high crime rates and other woes inherent to city life has resulted in the forming of many such neighborhoods and suburban areas, as families increasingly migrate outwards into the periphery of major cities.
There are many intrinsic advantages to living in a bedroom community. Safety, better schools, cleaner air and less noise pollution all contribute to a higher standard of living than one would find in an urban environment. Many suburban areas are actually bedroom communities, albeit unbeknownst even to many that live there.
Despite the intrinsic advantages that accompany bedroom community living, there are also downsides that have to be acknowledged. Commuting to and from work eats into family time, Shopping becomes difficult when most stores are at a considerable distance from home and maintaining a social life with friends in the city becomes draining after a while.
Weighing the upsides and the negatives, it’s safe to say that living in a bedroom community is ultimately a matter of personal preference. For some, it is well worth the inconveniences; for others, it is simply untenable as a way of life.
Popular Real Estate Terms
When we talk about acceptance in the real estate world, we have to talk about an offer that is accepted. The definition of acceptance implies the existence of an offer that we can accept or ...
The term proxy comes from the power of attorney by which the holder of stockholders in a real estate company transfers voting rights to another stockholder. A proxy fight may arise in which ...
Document describing the benefits and provisions for people or businesses covered by group insurance. Document in life and health insurance issued to a member of a group insurance plan ...
The Multiple Listing Service (MLS) is an exclusive database of properties created by real estate agents and brokers. The idea behind the creation of the Multiple Listing Service (MLS) ...
member of the National Association of Real Estate Brokers, Inc. ...
Also called a will. Describes the disposition of property. ...
In the business world, the definition of override means a salesperson paying a commission to a supervisor or another agent. The meaning of override refers to an arrangement for acquitting ...
Examination of the financial records of a business to uncover errors and other irregularities. Involves looking at source documents to determine the legitimacy of transactions. An ...
One that is legally binding because it is in conformity with legal requirements and conditions. ...
Have a question or comment?
We're here to help.