Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

xchrom

(108,903 posts)
Fri Nov 15, 2013, 11:14 AM Nov 2013

Why the government now cares what you spend on gas

http://grist.org/climate-energy/why-the-government-now-cares-what-you-spend-on-gas/

?w=470&h=361

The housing crisis was, of course, primarily about housing: housing that people couldn’t afford, housing that banks helped them finance anyway, housing that too many treated as a sure-fire investment.

But in a less noticed way, the housing crisis was also very much about transportation. The money we spend getting around is largely dictated by the choices we make in where to live. Buy a house 20 miles down the highway from your job, and your costs of getting around on $4-a-gallon gas are much steeper than they would be if you lived a short walk from the office (or the bus stop).

Those costs — half a tank of gas here, a bus ticket there — are much harder to track than a single monthly housing payment. They’re practically invisible. That $2,000 a month mortgage on a spacious suburban colonial? It may also cost you $100 a week in gas money. Which is just the kind of unanticipated financial burden that can break a family budget.

So how do you make the intertwined costs and tradeoffs of housing and transportation more obvious? The Center for Neighborhood Technology in Chicago has been trying to do this for several years with its Housing + Transportation Affordability Index. And, as we’ve previously mentioned, the federal government has been paying attention.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why the government now cares what you spend on gas (Original Post) xchrom Nov 2013 OP
good they've needed to do this for awhile gopiscrap Nov 2013 #1
They need to work on making it less expensive to sell one home and buy a new one. FarCenter Nov 2013 #2
 

FarCenter

(19,429 posts)
2. They need to work on making it less expensive to sell one home and buy a new one.
Fri Nov 15, 2013, 11:12 PM
Nov 2013

At present, it probably costs about $30,000 to move from one $300,000 house to another closer to a job.

Latest Discussions»General Discussion»Why the government now ca...