Tuesday, April 29, 2008

True Housing Affordability

Neighborhood-Level Data

The Center for Neighborhood Technology recently unveiled a new interactive web mapping tool which provides neighborhood-level data on the affordability of housing in the 52 largest metropolitan areas. In an attempt to measure the "true affordability" of housing, this tool accounts for both housing and transportation costs as a percent of income, called the Housing and Transportation Affordability Index. Often housing alone is more affordable outside of city centers, in the suburbs or exurbs, but when factoring in transportation costs it becomes less affordable. This site is designed to help individuals, planners, housing advocates, and policy-makers identify the true affordability of housing at the neighborhood level, and thus make better housing-related decisions.

Investigate the housing affordability in the 52 largest metropolitan areas in the country.
http://htaindex.cnt.org/

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