The Housing Market
How much money does the government spend on housing assistance? What is the impact of population density on the real estate market? What is the relationship between home ownership and equity?
Some of things we talked about ...
By taking into account the cost of housing as well as the cost of transportation, H+T provides a more comprehensive understanding of the affordability of place.
Dividing these costs by the representative income illustrates the cost burden of housing and transportation expenses placed on a typical household.
While housing alone is traditionally deemed affordable when consuming no more than 30% of income, the H+T Index incorporates transportation costs—usually a household’s second-largest expense—to show that location-efficient places can be more livable and affordable.
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