3 ms·
The entire article is pretty interesting, but here's the punchline: > So each mile you live from work steals $795 per year from you in commuting costs. > $795
by nfriedly 9y ago
The entire article is pretty interesting, but here's the punchline:
> So each mile you live from work steals $795 per year from you in commuting costs.
> $795 per year will pay the interest on $15,900 of house borrowed at a 5% interest rate.
- ghaff 9y agoBut note that the vast bulk of that is an imputed value of his time which, unless you're turning down work you can't do because you're in a car commuting, isn't something you can pay the bank with.