High Housing Costs Not Offset by Low Transport Costs

Growth-management planners who have made housing unaffordable in California, Oregon, and other states respond that this high cost is offset by lower transportation costs in their cities. They call it the H+T Affordability Index, and the supposed reduced cost of transportation excuses all of the housing affordability problems their plans create.

In fact, most of their cost numbers are hypothetical, and their estimates seem likely manipulated to achieve the result they wanted. Fortunately, we now have a relatively independent source of information that directly contradicts the H+T claim.

The Economic Policy Institute (EPI) is a left-wing organization that seems to believe in income redistribution. However, it has no axe to grind about urban sprawl, so when it calculates the cost of living in various cities, it has no incentive to skew the data in favor of heavily planned regions.

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