Affordability in Colorado Springs Should Consider Transportation Expenses

Affordability is currently measured in Colorado Springs without transportation included. In the top image (Housing Only), the yellow represents areas where the average residential housing expenses are less than 30% of total household income.  The blue represents areas where housing costs average more than 30% of total household income.  The grey areas are those thatContinue reading “Affordability in Colorado Springs Should Consider Transportation Expenses”

CNT Includes Transportation as a Variable for Measuring Affordability

For many years, homeowners have purchased their homes without transportation costs as a consideration.  The price of the home was the primary indicator in the home purchase and whether it would be affordable or attainable.  Unfortunately, there are many other smaller costs associated with the choice of a home.  The following is an analysis ofContinue reading “CNT Includes Transportation as a Variable for Measuring Affordability”