The housing affordability rule of thumb is that you should not pay more that 30% of your income in rent or mortgage payment. Yet that ratio doesn't include the transportation costs that vary by community. What would it be if it was included?
The current 30% yardstick fails to include transportation costs, including costs of vehicle ownership, insurance and operation. What if a new ratio was developed to include the costs of mobility that varies among communities - and went further than just measuring commuting distances?
The Center for Neighborhood Technology had done just that through research, dubbed "H+T Affordability Index"that shows that "the combined cost of housing and transportation shouldn't exceed 45 percent of your income." (Click on the map to see the H+T Index where you live).
Their "study was based on demographic, economic and transportation data from 337 U.S. metropolitan areas. The concept is helping shape new federal and state policies to encourage development of more compact communities that aren't so far-flung and promote less driving."
"Length of commutes is not the dominant factor. Each neighborhood has a unique fingerprint of such costs. It's determined by the length of commutes and trips to run errands...The more spread out a neighborhood, the more people depend on cars, often needing more than one. The availability of mass transit is large factor."
Thanks to Metropolitan Transportation Commission
FULL STORY: Can you afford to live in your house?
Florida Seniors Face Rising Homelessness Risk
High housing costs are pushing more seniors, many of them on a fixed income, into homelessness.
Portland Housing Bond Created Nearly 5,000 Units, But Affordability Remains Out of Reach
Despite better-than-expected results from multiple local housing bonds, housing costs and homelessness remain top of mind for many Oregonians.
In More Metros Than You’d Think, Suburbs are Now More Expensive Than the City
If you're moving to the burbs to save on square footage, data shows you should think again.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.
MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.
Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
City of Fort Worth
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie