July 18, 2024

In a recent study, the Brookings Institute and the Center for Trans-Oriented Development discovered that for every $10,000 a family could save in transportation costs allowed an additional $100,000 in home buying purchasing power.  The study found the average family spends almost 20% of its budget on transportation costs.  The results were based on gasoline prices under $3 per gallon.[tags]transportation costs, home purchase[/tags]   San Diego real estate agents

4 thoughts on “Home Purchasing Power

  1. It is in fact socialist nonsense such as everyone should own a home that caused the current problems that we have now. What you dont understand is that socialist agendas are created by both leftist groups and right extreme idiots. regardless socialism is socialism and causes financial distress at the end. Why is it that these people just dont understand? the obama and clinton health care for all bullsh-t. freddie mac /fannie mae created a socialist vacuum that transferred risk from banks to tax payers and 401k holders. it is socialist removal of risk that causes bubbles in the first place. people need to know and understand that when they take a risk that they can loose. and that is that. u buy a house — then u got to make payments for 30 years. u miss a payment u loose ur house and ur credit. therefore, that loan amount should be very in line with what you can afford. this is not rocket science. the banks are socialist, the gov are socialist, u r a socialist, and anyone who tries to remove risk from the equation of reward is socalist too.

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  2. Clinton’s didn’t have anything to do with a balanced budget.We had $10 $15.00 oil and the Republican Congress lead by my man Newt Gingwich and his contract with America mandated a balenced budget. Clinton also raped the military budget.Don’t forget about their tech bubble that Al Boring invented.

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