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Old 05-26-2015, 04:35 AM
 
88 posts, read 136,394 times
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"Except that, when more money is kept in the local economy, more people are better off. And, in the same places that we saw lower spending on transportation--suggesting less vehicle use--we saw lower foreclosure rates. Where we saw the highest spending on transportation, the suburbs, we saw the highest foreclosure rates. So it is very much more resilient from the individual's perspective."

There are more forclosures because it is too expensive to buy a house, condo, etc so there are more renters therefore causing less foreclosures. If you have half a million to buy a condo, or live in an expensive high rise I suppose you will be better off. if you live in a ghetto or a bad neighborhood you can afford, you definitely are not better off!!! I would like to have something more to live in than a box!!!

Last edited by moodymoose77; 05-26-2015 at 04:41 AM.. Reason: to add to response
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Old 05-26-2015, 10:10 AM
 
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Quote:
Originally Posted by moodymoose77 View Post
There are more forclosures because it is too expensive to buy a house, condo, etc so there are more renters therefore causing less foreclosures. If you have half a million to buy a condo, or live in an expensive high rise I suppose you will be better off. if you live in a ghetto or a bad neighborhood you can afford, you definitely are not better off!!! I would like to have something more to live in than a box!!!
In both your replies--please use the quote feature as it is easier to read--you use little more than opinion.

Suburbia is cheaper only insofar as housing costs are concerned. I've previously posted a link that lets any of us look at the combined cost of housing and transit for an area. The outer suburbs tend to be as expensive, if not more so in many cases, when the full cost--housing and transportation combined--is considered. Simply, the further out one lives from jobs, schools, shopping, entertainment, etc., the more one has to drive. While driving can offer multiplier effects in moderation, it is expensive no matter how you slice it.

The evidence showed that the "drive till you qualify" outer suburbs, areas with high homeownership rates but also very high VMTs (and, thus, vehicle costs), saw some of the highest foreclosure rates.
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Old 05-26-2015, 10:58 AM
 
2,824 posts, read 3,347,681 times
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Quote:
Originally Posted by darkeconomist View Post
...Suburbia is cheaper only insofar as housing costs are concerned. I've previously posted a link that lets any of us look at the combined cost of housing and transit for an area. The outer suburbs tend to be as expensive, if not more so in many cases, when the full cost--housing and transportation combined--is considered. Simply, the further out one lives from jobs, schools, shopping, entertainment, etc., the more one has to drive. While driving can offer multiplier effects in moderation, it is expensive no matter how you slice it...
Higher housing costs in cities don't just mean less house for the same amount of money - it means less house PLUS more spent on taxes and other costs including insurance costs such as health insurance, property insurance, auto insurance, etc.

Also schools, shopping, entertainment, etc. are not limited to locations in cities. Even those that are in cities do not ensure lower costs for city dwellers because the proximity of the dweller to the goods/services utilized is more relevant than just whether such goods/services exist. "Suburbia" residents can often attend school, shop, etc. near where they live.
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Old 05-26-2015, 05:08 PM
 
2,553 posts, read 2,003,488 times
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Originally Posted by IC_deLight View Post
Higher housing costs in cities don't just mean less house for the same amount of money - it means less house PLUS more spent on taxes and other costs including insurance costs such as health insurance, property insurance, auto insurance, etc.
Have anything beyond just words, words, words to back this up in a generalized way? So much of your statement depends on the particular state, county, and city.

Quote:
Originally Posted by IC_deLight View Post
"Suburbia" residents can often attend school, shop, etc. near where they live.
Except that, even as that may be the case, those residents, by necessity or by choice, have higher VMTs. So what they can do and what actually happens aren't necessarily the same thing and the data simply doesn't support your position.
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Old 06-19-2018, 02:22 AM
 
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Possibilities are endless. Just requiring enough native citizens that wholeheartedly support these mass groups of livable units. Imperatives to use legislative laws to officially halt any widespread overly ubiquitous assembly on those versions of towns. Especially if there is too much close proximity entering upon the public major item of urban boundaries. Severely reduce that exact original condition. Fake artificial barriers. We donít ever have to immerse ourselves between tons of clutter rampant suburbs.
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