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. The 4 Stages of a Good Divorce. How to Love a Woman who Scares You. Our Soulmates are Rarely Who We Expect. Men, Let’s Stop Fooling Ourselves: Size Matters. To the One Who Tried to Break Me. A Letter to my Children: You do not come from a Broken Home. An Open Letter to the Fixers. How your Stored Memories in the Amygdala can lead to PTSD. How My Sister’s Death Transformed my Self-Perception.