February 13, 2007

This article by Center for Housing Policy highlights the alarming disparity between housing and transportation costs. Published in October 2006, the report describes the impact of the flow of low- to middle-income workers to distant suburbs and rural communities. While those households do find more affordable housing, the report finds that they spend even more on daily transportation costs to and from their jobs.


From Center for Housing Policy press release, October 11th, 2006:
"Low- to moderate-income working families are finding that as they move further from work to afford housing they end up spending as much, or more, on transportation costs than they are saving on housing, according to a new study of 28 major Metropolitan areas nationwide entitled A Heavy Load: The Combined Housing and Transportation Burdens of Working Families. Conducted by the Center for Housing Policy, the research affiliate of the National Housing Conference (NHC), the study also found that the combined burden of transportation and housing costs for working families was remarkably constant across all the Metropolitan areas studied at an average of 57 percent of annual income."


posted by M Finn @ 9:34 AM  

0 Comments:

Post a Comment

Previous Posts

About Us

Site Meter
Powered by Blogger