The assumption they are using is if two people each drive 30 miles each way to work and value their time at $25/hour, then they could take the cost of their commutes in money and time (valued at $25/hr) and spend that money on their mortgag…e payment to live closer to work. That couple could borrow an additional $900k and their annual payment on that debt would be about the same as their annual commuting cost. Does that make sense?
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July’s Full Moon in Capricorn: The Heart wants what it Wants. How to Love a Woman who Scares You. The 4 Stages of a Good Divorce. Our Soulmates are Rarely Who We Expect. I Still Think of You. Men, Let’s Stop Fooling Ourselves: Size Matters. Reading This Takes Guts. To the One Who Tried to Break Me. An Open Letter to the Fixers. How your Stored Memories in the Amygdala can lead to PTSD.