Wednesday, March 24, 2010

Home buyers don't factor in commuting

Buyers who move deep into the suburbs to find bigger, nicer houses often fail to consider added transportation expenses that might bust their budgets, a new national study has concluded.
Rising transportation costs are dramatically shrinking the amount of affordable housing in Pittsburgh and across the U.S., according to the report released today by the nonprofit Center for Neighborhood Technology, a group that promotes more environmentally conscious policies....
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