دورية أكاديمية
Exploring the Relationship between Combined Household Housing and Transportation Costs and Regional Economic Activity in Virginia
العنوان: | Exploring the Relationship between Combined Household Housing and Transportation Costs and Regional Economic Activity in Virginia |
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المؤلفون: | Thomas W. Sanchez |
المصدر: | Land, Vol 10, Iss 742, p 742 (2021) |
بيانات النشر: | MDPI AG |
سنة النشر: | 2021 |
المجموعة: | Directory of Open Access Journals: DOAJ Articles |
مصطلحات موضوعية: | household costs, housing, transportation, economic impacts, location efficiency, Agriculture |
الوصف: | Transportation is the second-largest expenditure category for households, accounting for nearly 20 cents of every dollar spent annually across the U.S. Only housing costs exceed transportation, and combined they represent a substantial burden on households. A primary economic connection between housing and transportation costs is related to the tradeoffs that households make in terms of residential location and what they have left of their household budget to spend on other needs. Families are forced to spend thousands of dollars annually on owning and operating private vehicles, forego wealth creation, and the ability to enjoy other benefits of homeownership. This analysis examines combined housing and transportation costs at the state level to regional economic performance. It contributes to the literature by testing the geographic scope of household expenditure burdens at this scale. Along with previous literature, this analysis provides evidence about the connection between the local and regional economic vitality and the burden of the combined effects of housing and transport on households. Overall, the results suggest that, from 2008 to 2018, these household cost burdens were a function of economic activity, household characteristics, and location in the state of Virginia. |
نوع الوثيقة: | article in journal/newspaper |
اللغة: | English |
تدمد: | 2073-445X |
العلاقة: | https://www.mdpi.com/2073-445X/10/7/742Test; https://doaj.org/toc/2073-445XTest; https://doaj.org/article/bb09595442974057a57d7cf61557da4aTest |
DOI: | 10.3390/land10070742 |
الإتاحة: | https://doi.org/10.3390/land10070742Test https://doaj.org/article/bb09595442974057a57d7cf61557da4aTest |
رقم الانضمام: | edsbas.958904E3 |
قاعدة البيانات: | BASE |
تدمد: | 2073445X |
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DOI: | 10.3390/land10070742 |