Article: (Transportation Costs) X (Housing Costs) X (Mortgage rate increases) = Daiyanu!

spencer — Tue, 22 Apr 2008 04:51:23 +0000

Planetizen has an article about a new online mapping website by CNT that tracks housing prices and transportation costs as a function of the geographic median income. While I am leery that this information will always skew in favor of the urban centers, I do think that this website starts a dialogue about why the housing crunch is affecting so many people. When you overlay the data of housing costs and transportation costs in Northern Virginia alone, its easy to find areas where the total monthly average expenditure is approaching 50%. In a healthy economy this would be dangerous, but in our unstable tables this is a scenario rife for trouble.

Post from: selophane.blog

Article: (Transportation Costs) X (Housing Costs) X (Mortgage rate increases) = Daiyanu!

selophane.blog » Hosing costs

Article: (Transportation Costs) X (Housing Costs) X (Mortgage rate increases) = Daiyanu!