Analysis by FiveThirtyEight offers a lesson in trade-offs. In this case: how much more New Yorkers are willing to pay for less time spent commuting.
"How much would you be willing to pay to shave a minute off your commute?" asks a post by Carl Bialik. "For New Yorkers, the answer appears to be around $56 per month."
"That’s how much more New Yorkers pay in rent, on average, for a one-bedroom apartment that’s a minute closer by subway to Manhattan’s main business districts," according to Bialik, summarizing analysis that crunched data from the real estate listing service StreetEasy.
Bialik also notes that given the forthcoming 18-month closure of the L Train, "residents of Williamsburg and other Brooklyn neighborhoods on the L train could soon be paying less in rent."
FULL STORY: New Yorkers Will Pay $56 A Month To Trim A Minute Off Their Commute
Housing Out of Reach as Costs and Mortgage Rates Rise
The monthly costs—mortgage payments, property taxes, and insurance—of a typical low-end home in the Boston region has reached $3,600 a month. A typical home costs $5,000 a month.
Land Costs and Housing Costs
One common argument against upzoning is that it increases land costs—but land costs rose in the most restrictive markets as well as the least restrictive ones.
Commute Frustrations Boil Over in Massachusetts Poll
A recent poll of Massachusetts voters was able to connect the realities of the housing market to the frustrations of the daily commute.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions