Sangam: A Confluence of Knowledge Streams

Exploring the Relationship between Combined Household Housing and Transportation Costs and Regional Economic Activity in Virginia

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dc.contributor School of Public and International Affairs
dc.creator Sanchez, Thomas W.
dc.date 2021-07-23T17:28:14Z
dc.date 2021-07-23T17:28:14Z
dc.date 2021-07-15
dc.date 2021-07-23T13:27:10Z
dc.date.accessioned 2023-03-01T18:52:04Z
dc.date.available 2023-03-01T18:52:04Z
dc.identifier Sanchez, T.W. Exploring the Relationship between Combined Household Housing and Transportation Costs and Regional Economic Activity in Virginia. Land 2021, 10, 742.
dc.identifier http://hdl.handle.net/10919/104376
dc.identifier https://doi.org/10.3390/land10070742
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/281579
dc.description 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.
dc.description Published version
dc.format application/pdf
dc.format application/pdf
dc.language en
dc.publisher MDPI
dc.rights Creative Commons Attribution 4.0 International
dc.rights http://creativecommons.org/licenses/by/4.0/
dc.subject household costs
dc.subject housing
dc.subject transportation
dc.subject economic impacts
dc.subject location efficiency
dc.title Exploring the Relationship between Combined Household Housing and Transportation Costs and Regional Economic Activity in Virginia
dc.title Land
dc.type Article - Refereed
dc.type Text


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