Prudential measures in housing access: Should one include transport costs in the front-end ratio?
A widespread prudential measure limits the housing expense ratio—defined as the share of income spent on the rent or loan payment—to ensure household solvency. This policy is increasingly criticized, however, as it would induce households to settle far from the city center in search of lower housing...
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| Format: | Article |
| Language: | English |
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University of Minnesota
2017-06-01
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| Series: | Journal of Transport and Land Use |
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| Online Access: | https://www.jtlu.org/index.php/jtlu/article/view/849 |