tag:blogger.com,1999:blog-13301700.post114305584200369661..comments2009-07-06T18:32:17.525-05:00Comments on The Road to Ruin: The Tradeoff in Housing and Transportation CostsJames A. Baconnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13301700.post-1143452130103844182006-03-27T04:35:00.000-05:002006-03-27T04:35:00.000-05:00Larry, I think you are overblowing the 50 and 100 ...Larry, I think you are overblowing the 50 and 100 mile commuters. Sure, there are some nut cases, I've been one on occassion, but I got it straightened out ASAP. <BR/><BR/>The average Virginian only drives 27 minutes to work, as compared to 25 minutes nationally.<BR/><BR/>These housing costs plus travel cost studies have been done many times, and they ususally find that people are, in fact behaving rationally, given the costs at hand.<BR/><BR/>Part of KSI strategy may be that it is all that is open to them.<BR/><BR/>You also have to figure that low cost alternatives to the auto are also low in convenience, flexibility, and carrying capacity. You would have to provide a lot of alternatives to make up for the loss of opportunity provided by the car.Ray Hydehttp://www.blogger.com/profile/16435550701916966015noreply@blogger.comtag:blogger.com,1999:blog-13301700.post-1143107021044014542006-03-23T04:43:00.000-05:002006-03-23T04:43:00.000-05:00The conventional argument is that people will need...The conventional argument is that people will need a car anyhow whether they commute long-distance or live locally so that unless one gives us the car completely (like some folks in NYC) do - that some costs are fixed anyhow.<BR/><BR/>But the article puts actual dollar amounts on the transportation costs which confirm that many folks spend a considerable percentage of their total income on transportation.<BR/><BR/>But I wonder if the analysis addressed two more important cost considerations.<BR/><BR/>1. - First is that if one commutes 50-100 miles a day or more that they can literally reach 100K in 3-4 years. <BR/><BR/>Locally, in Fredericksburg, it is not unusual at all to see 2003 used cars for sale with 100K on their odometers.<BR/><BR/>2. - Second, is the issue of external costs for long-distance commuting - highway infrastructure capacity.<BR/><BR/>Note this article:<BR/><BR/>"The public comment period for the intercounty connector ends today, <BR/><BR/>The connector is planned as an 18-mile, six-lane highway that would cost about $2.4 billion and could rise to $3 billion with financing costs"<BR/><BR/>http://www.washingtonpost.com/wp-dyn/content/article/2006/03/22/AR2006032202130.html<BR/><BR/>Now take a closer look. That number works out to about $150 million per mile (rural interstate costs are on the order of $10 million a mile)<BR/><BR/>This is ONE 18-mile road segment of dozens that are on NoVa (and Tidewater) wish lists.<BR/><BR/>The Virginia General Assembly is fighting over whether to generate 500 million or 1 Billion a year in new money.<BR/><BR/>A Billion for the entire state and one 18-mile segment in the metro DC area will cost between 2-3 Billion.<BR/><BR/>Is anyone paying attention to the numbers and their financial implications?<BR/><BR/>And the relevant point with respect to the Brookings Article, is that there ARE very real financial consequences even beyond one's own personal finances when making a decision to drive further to seek more affordable housing.<BR/><BR/>Essentially folks are utilizing existing highway capacity to subsidize lower housing costs - with the premise that the highway capacity is "free" AND will, of course, be expanded when the capacity is used up.<BR/><BR/>Folks actually think this. They are often quoted as saying "I pay my taxes and I expect more roads".<BR/><BR/>TOLLs could dramatically change the equation and people's perceptions about who should pay for new infrastructure.<BR/><BR/>That's in essence the ongong argument in the Va Ga. "Who will pay" - taxpayers, auto owners, or commuters or.. pick your poison.Larry Grosshttp://www.blogger.com/profile/16128097774047505240noreply@blogger.com