Cheap Housing Isn’t Always a Good Deal

March 27, 2015

Urban Policy reporter Emily Badger argues that transportation costs should be included in the golden rule of housing affordability, which is the 30 percent threshold housing should take from income.

“Consider housing and transportation costs in tandem,” Badger writes in The Washington Post. “A $1,000-a-month downtown apartment for example may feel cheaper if it means you don't have to lease a $300-a-month car.”

Read more

Comments

Related Categories

PB-Economics
expand_less