Many households spend more than they can afford on housing and transportation, but the latest International Housing Affordability Survey is wrong to recommend sprawl as the best solution. Real solutions must reduce both housing and transport costs.
The dust from the November election is far from settled, but Los Angeles is already headed back to the ballot box in March. The big ticket item for planning in the city: Measure S, also known as the Neighborhood Integrity Initiative.
A new study conducted by the Center for Neighborhood Technology shows that homes in close proximity to transit stations lost much less of their value during the collapse of the housing market, reports Tanya Snyder.
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?