(no subject)
Mar. 24th, 2010 11:47 amWith a hat tip to Atrios:
The Obama administration has introduced a new variable to the cost of affordable housing: the cost of transportation from the house to work.
Not a sexy topic, no. But think of this: if you factor in transportation costs and adjust the index from a simple 30% of income to a higher percent covering housing and transportation, the amount of affordable housing in the US drops significantly from the previous estimate of 70% affordable housing.
This is useful.
The Obama administration has introduced a new variable to the cost of affordable housing: the cost of transportation from the house to work.
Not a sexy topic, no. But think of this: if you factor in transportation costs and adjust the index from a simple 30% of income to a higher percent covering housing and transportation, the amount of affordable housing in the US drops significantly from the previous estimate of 70% affordable housing.
This is useful.
no subject
Date: 2010-03-24 03:59 pm (UTC)http://pics.livejournal.com/tigerbright/pic/0019rc91
no subject
Date: 2010-03-24 04:24 pm (UTC)