Mapping Site Shows Housing/Commuting Tradeoffs
The Housing + Transportation Affordability Index is a new map-based tool, created by the Center for Neighborhood Technology, that measures the true cost of housing when weighed against the costs of transportation for 52 metro areas in the U.S.
The methodology behind the numbers is complex and the raw data is a bit outdated (taken from the 2000 Census) but the interactive maps make it easy to see which areas meet the target standards for affordability.
This can help folks decide if getting a cheaper house in the outer suburbs is worth the extra commuting expense or if the sky-high real estate prices that still hold in some city centers are unbearable. The good news: cheap places abound on the HotPads housing search. Find an affordable area, then see HotPads for deals on apartments, condos and homes for sale.
Props to the real estate blog at the Wall Street Journal.





I think you forgot an "http://" in the "HotPads housing search" link.
Posted by: Jeremy | Monday, April 21, 2008 at 03:11 PM