Article 6YEYY Sunday Movie: The 30% Housing-Cost Metric

Sunday Movie: The 30% Housing-Cost Metric

by
Mike Orr
from Seattle Transit Blog on (#6YEYY)
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The metric that housing should cost 30% of income is not based on any scientific estimate of people's total living expenses. (Radical Planning) Instead it has an arbitrary history, and has evolved to be detrimental to both affordable housing and mortgages.

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