LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

Expense of city houses offset by transport costs

Share |

New Zealand News | Tuesday February 11 2014 19:16

Expense of city houses offset by transport costs

Related

Calls are being made to take transport costs into account when assessing housing affordability.

New research published by a couple of researchers from the University of Otago indicates the lower transportation costs of inner-city living can offset the traditionally higher housing prices found in the city.

The paper, titled 'Housing and Transport Expenditure: socio-spatial indicators of affordability in Auckland' argues that policy-makers need to take this into account to find other solutions to the continual urban expansion.

It concludes that greater densities in neighbourhoods close to employment hubs would help push for improved public transportation and would also lower housing prices.

Photo via Facebook

Advertisement
I Heart App
Advertisement
  • The Hobbit sets benchmarks for studio spending

  • Pistorius sentenced to five years for culpable hom ...

  • Studies show exercise reduces risk of breast cance ...

  • Tony Abbott threatened by Sydney teenager in IS vi ...

  • Police shed light into fatal Buller Gorge crash

  • League: Watene-Zelezniak, Taumalolo get Kiwis debu ...

  • Auckland Weather

    13°
    Today
    Showers
    H:19° L:11°
    Click for More Weather
    More Weather

    Labour leadership race

    Who should lead Labour?

    Vote Now

    View Results

    Advertisement