(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 04:34 pm (UTC)no subject
Date: 2010-03-24 05:08 pm (UTC)Wife and roommate can both regale you with stories of buses that never came. They were quite annoyed when the story got leaked a year or two back that some of the invisible incorporeal buses were by design rather than by traffic.