Posts Tagged "technology"
What happens when driving rates continue to drop?
The typical American drives less today than at the end of Bill Clinton’s first term and the millennial generation (16-34) is leading the charge. But how likely is that trend to hold in the future? And if it does, what does that say about what we should be building, and how we will pay for it, if not with the gas taxes raised from driving? A game-changing new report seeks to answer the first question, and to fuel a conversation about the second.
Reconsidering how we measure housing affordability by including transportation costs
Americans have spent the last several decades moving farther and farther away from urban centers, in search of affordability. Rapidly growing communities ranging from the sunbelt cul-de-sacs of greater Phoenix to the exurban fringes of Northern Virginia have sold people on a lower cost of living. The decades of “drive-til-you-qualify” resulted in millions moving out for supposedly cheaper housing. But was it actually more affordable? A new tool from CNT reexamines housing affordability.
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