You are here: home   Issues   Problems In Paradise   The cost of driving 'til you qualify

The cost of driving 'til you qualify

Document Actions


Although it’s great that you are talking about the housing issue, one sweeping statement — “Don’t blame water or oil for the cul de sac’s decline. Blame creative financing.” — is skirting the fact that, yes, transportation costs (and hence oil) play a key role in many people losing their homes (HCN, 4/30/07).

According to the Center for Housing Policy, for every dollar saved by moving to a house that’s affordable but away from a job, a family pays 77 cents to cover additional transportation costs (buying a car, maintenance, gas, insurance, parking). In 2005, the average Colorado family spent 29 percent of their income on housing and 29 percent on transportation. That means that a family earning $40,000 a year spent $23,200 on housing and transportation.

Transportation costs do play a key role in housing, and in this crisis, people are losing housing. If you have to drive 50 miles a day for work because the housing you could afford was out there in the suburbs, you don’t get much of a choice. Oil plays a role and — at $3 a gallon — even more so.

James Balliett
> Erie, Colorado >

Email Newsletter

The West in your Inbox

Follow Us

Follow us on Facebook! Follow us on Twitter! Follow our RSS feeds!
  1. The death of backpacking? | Younger people don’t seem interested in this out...
  2. A graceful gazelle becomes a pest | Inrroducing an African gazelle called the oryx for...
  3. The man behind a New Mexico county's fracking ban | Last year Mora became the first county in the nati...
  4. What's killing the Yukon's salmon? | An ecological mystery in Alaska has scientists and...
  5. Plains sense | Ten years after Frank and Deborah Popper first pro...
HCN Classifieds
Subscriber Alert
 
© 2014 High Country News, all rights reserved. | privacy policy | terms of use | powered by Plone