{"id":285191,"date":"2010-02-05T18:28:00","date_gmt":"2010-02-05T23:28:00","guid":{"rendered":"http:\/\/www.autoblog.com\/2010\/02\/05\/study-access-to-good-public-transportaion-can-make-foreclosures\/"},"modified":"2010-02-05T18:28:00","modified_gmt":"2010-02-05T23:28:00","slug":"study-access-to-good-public-transportation-can-make-foreclosures-less-likely","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/285191","title":{"rendered":"Study: Access to good public transportation can make foreclosures less likely"},"content":{"rendered":"

Filed under: Etc.<\/a>, Earnings\/Financials<\/a><\/p>\n

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Would you believe that there’s a connection between owning a car and having to foreclose on your home? A study by the Natural Resources Defense Council found that yes, indeed, there is. At least, a relationship was found in the three areas that the study looked at: San Francisco, CA, Chicago, IL and Jacksonville, FL. While the correlation wasn’t giant, it does seem that there’s something to the idea of “location-efficient neighborhood design” being good for housing stability (read the PDF<\/a>). <\/p>\n

Location-efficiency is “a measure of the transportation costs in a given area,” and it includes not just car ownership, but also if the area has reasonable public transportation. Basically, if an area is a “compact” neighborhood with good bus or rail service – and so having a car is not required – then the corresponding foreclosure rate was probably lower. One possibility is that the money saved by not owning your own car (more details here<\/a>) can mean more money to spend on housing. As Autopia<\/a> points out, there could be a lot of other reasons for this connection as well, but for the car-sharing crowd, this is another reason to think about staying away from owning a vehicle when other transportation options are available. <\/p>\n

[Source: Autopia<\/a> | Image: taberandrew<\/a> – C.C. License 2.0]<\/p>\n

Study: Access to good public transportation can make foreclosures less likely<\/a> originally appeared on Autoblog<\/a> on Fri, 05 Feb 2010 18:28:00 EST. Please see our terms for use of feeds<\/a>.<\/p>\n

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Permalink<\/a> | Email this<\/a> | Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filed under: Etc., Earnings\/Financials Would you believe that there’s a connection between owning a car and having to foreclose on your home? A study by the Natural Resources Defense Council found that yes, indeed, there is. At least, a relationship was found in the three areas that the study looked at: San Francisco, CA, Chicago, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-285191","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/285191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=285191"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/285191\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=285191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=285191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=285191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}