4 ms·

"They spend 30 percent of their income on housing and 20 percent of their income on transportation. The second household lives in a city and owns one car. The

by COREi7 7y ago

"They spend 30 percent of their income on housing and 20 percent of their income on transportation. The second household lives in a city and owns one car. Their house is more expensive than the suburban one, so they spend 40 percent of their income on housing, and just 10 percent on transportation. Is it really accurate to describe the second (city) household as any more “cost-burdened” than its suburban peer?" The answer is yes. Comparaing housing costs to transportation costs is not accurate. Housing costs are fixed based on neighborhood so most residents are forced to either pay the price or move. While transportation costs can always be budgeted lowered by many methods. EX: using fuel efficient vehicles, car pooling, sharing vehicles, etc.

ouid 7y ago
You can buy cheaper houses in neighborhods, or rent, or have roommates. Many things can be done to mitigate the cost of housing, just like with transportation.
- COREi7 7y ago
  > You can buy cheaper houses in neighborhods, or rent, or have roommates. Many things can be done to mitigate the cost of housing, just like with transportation. Housing prices both renting/buying are usually fixed based on similar houses in the area. You arent going to see a $2500 a month house next to a $600 a month house. So the idea that you can just buy drastically cheaper houses in the same neighborhood is not true. Roommates are an option for singles. But not feasible for families
  - amalcon 7y ago
    Price per unit area is the thing that's more or less fixed based on similar homes. You can definitely see a 3000sqft home next to an 800sqft home, if the neighborhood grew organically. The price difference in that case could well be that stark. In the US, many neighborhoods (esp. newer) were constructed all at once by a single developer. This is how you get the "sameness", and finding a significantly cheaper home is not possible in these places. In other places, it can be.
  - astura 7y ago
    >You arent going to see a $2500 a month house next to a $600 a month house Maybe not in a modern cookie cutter subdivision, but in older neighborhoods, definitely. My street has a lot of variety of size and occupancy. We have big single family houses, smaller single family houses, duplexes, triplexes, and a house with a mother-in-law apartment. >Roommates are an option for singles. But not feasible for families Roommates can work for families with the right architecture, I've seen it work before, personally. Of course, if you're completely closed off to the whole idea just on principal, it won't work.

by COREi7 7y ago

ouid 7y ago

You can buy cheaper houses in neighborhods, or rent, or have roommates. Many things can be done to mitigate the cost of housing, just like with transportation.

COREi7 7y ago
> You can buy cheaper houses in neighborhods, or rent, or have roommates. Many things can be done to mitigate the cost of housing, just like with transportation. Housing prices both renting/buying are usually fixed based on similar houses in the area. You arent going to see a $2500 a month house next to a $600 a month house. So the idea that you can just buy drastically cheaper houses in the same neighborhood is not true. Roommates are an option for singles. But not feasible for families
- amalcon 7y ago
  Price per unit area is the thing that's more or less fixed based on similar homes. You can definitely see a 3000sqft home next to an 800sqft home, if the neighborhood grew organically. The price difference in that case could well be that stark. In the US, many neighborhoods (esp. newer) were constructed all at once by a single developer. This is how you get the "sameness", and finding a significantly cheaper home is not possible in these places. In other places, it can be.
- astura 7y ago
  >You arent going to see a $2500 a month house next to a $600 a month house Maybe not in a modern cookie cutter subdivision, but in older neighborhoods, definitely. My street has a lot of variety of size and occupancy. We have big single family houses, smaller single family houses, duplexes, triplexes, and a house with a mother-in-law apartment. >Roommates are an option for singles. But not feasible for families Roommates can work for families with the right architecture, I've seen it work before, personally. Of course, if you're completely closed off to the whole idea just on principal, it won't work.