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Untangling Housing Cost and Transportation Interactions: The Location Affordability Index Model—Version 2 (LAIM2)

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  • P. M. Haas
  • G. L. Newmark
  • T. R. Morrison

Abstract

It is now accepted that to have an understanding of housing affordability one must consider not only housing costs, but also the transportation costs associated with that household location. To make this information readily accessible to the public, the United States government created an Internet resource, the Location Affordability Portal – Version 2 (www.locationaffordability.info), to provide housing and transportation costs for every neighborhood in all 50 states and the District of Columbia. Although the statistical model at the heart of this resource was designed for predictive accuracy, its design and parameter estimates can provide additional insights into the interaction of housing cost and transportation choices (and thus its cost). This study describes the development and explores the policy implications (and limitations) of this structural equations model, the Location Affordability Index Model – Version 2 (LAIM2).

Suggested Citation

  • P. M. Haas & G. L. Newmark & T. R. Morrison, 2016. "Untangling Housing Cost and Transportation Interactions: The Location Affordability Index Model—Version 2 (LAIM2)," Housing Policy Debate, Taylor & Francis Journals, vol. 26(4-5), pages 568-582, September.
    • Handle: RePEc:taf:houspd:v:26:y:2016:i:4-5:p:568-582
    DOI: 10.1080/10511482.2016.1158199
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    References listed on IDEAS

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    Cited by:

    1. Dong, Hongwei, 2021. "Evaluating the impacts of transit-oriented developments (TODs) on household transportation expenditures in California," Journal of Transport Geography, Elsevier, vol. 90(C).
    2. Mikhail Samarin & Madhuri Sharma, 2021. "Rent burden determinants in hot and cold housing markets of Davidson and Shelby counties, Tennessee," Growth and Change, Wiley Blackwell, vol. 52(3), pages 1608-1632, September.
    3. Dewita, Yulia & Yen, Barbara T.H. & Burke, Matthew, 2018. "The effect of transport cost on housing affordability: Experiences from the Bandung Metropolitan Area, Indonesia," Land Use Policy, Elsevier, vol. 79(C), pages 507-519.
    4. Newmark, Gregory L. & Rearick, Emma L., 2021. "Religious culture and rural car ownership," Journal of Transport Geography, Elsevier, vol. 93(C).

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