Housing and Transportation Cost Burden Study laudedHousing and Transportation Cost Burden Study lauded<div class="ExternalClassEEBC47568734422BA413181C83CF10D7"><p>Metro Vancouver has been recognized by the Planning Institute of British Columbia for its Housing and Transportation Cost Burden Study, which presents a new way of looking at affordability across the region.</p><p>The study, which quantifies transportation costs and combines them with housing costs to provide a more complete picture of affordability for working households, received a Gold award for Excellence in Planning: Research and New Directions in Planning.</p><p>Housing and transportation choices are closely linked and represent the two largest expenditures for many working households. The study found that renters and lower income families are feeling the combined burden the most, and that living next to frequent transit makes it easier to absorb high housing costs.</p><p>Intuitively, people understand that there is a trade-off between housing costs and transportation costs. </p><p>The study is fostering new conversations among multi-sector stakeholders that focus on integrated solutions that consider housing and transportation together rather than in isolation.</p><p><a href="/services/regional-planning/PlanningPublications/HousingAndTransportCostBurdenReport2015.pdf" target="_blank">Read more about the Housing and Transportation Cost Burden Study</a>.</p></div>http://www.metrovancouver.org/metroupdate/PublishingImages/Issue33-CostBurdenStudy.jpg2017-06-29T07:00:00ZGP0|#4559f831-3b17-4c2c-8f55-ad81859dc712;L0|#04559f831-3b17-4c2c-8f55-ad81859dc712|Issue 33;GTSet|#d14ffe11-45dc-48fb-8684-ff109cf15a74<div class="ExternalClassD88B3B4B354E4269A6BAAC6F442EF6FA"><p>​Metro Vancouver has been recognized by the Planning Institute of British Columbia for its Housing and Transportation Cost Burden Study, which quantifies transportation costs and combines them with housing costs to provide a more complete picture of affordability for working households. The study received a Gold award for Excellence in Planning: Research and New Directions in Planning.</p></div>0