The document discusses the concepts of transit-oriented development (TOD) and location efficiency. It notes that TOD aims to place homes in proximity to transit, provide a rich mix of activities within walking distance, capture value from transit investments, and create attractive pedestrian-friendly places. Higher density development near transit can significantly reduce vehicle miles traveled and carbon emissions compared to more dispersed development. The document also examines density levels for different housing types and their impacts on location efficiency and driving. It provides examples of TOD from London and analyses of transit accessibility and catchment areas.