SlideShare ist ein Scribd-Unternehmen logo
1 von 49
Downloaden Sie, um offline zu lesen
DRIVING UP
THE COST OF LIVING
A Study of Affordability in Greater Vancouver
Defining Affordability
Affordability is the ability to spend our
earnings on things we WANT as opposed
to things we NEED
Looking at Affordability
OLD VIEW:
Affordability = Housing Affordability
<30 %
of Earnings
The Problem
URBAN
  More Expensive
  UNAFFORDABLE
SUBURBAN
  Less Expensive
  AFFORDABLE
The Problem
URBAN
  More Expensive
  UNAFFORDABLE
SUBURBAN
  Less Expensive
  AFFORDABLE
Looking at Affordability
NEW VIEW:
Affordability = Housing + Transportation
Affordability
<45 %
of Earnings
H+T Findings: Manhattan
Housing Only Housing and Transportation
Affordable
Unaffordable
Affordable
H+T Findings: Los Angeles
Housing Only Housing and Transportation
Unaffordable
Affordable
Vancouver?
Approach
•  2006 Census Data
Housing
•  2006 Census Data
•  2011 Translink
Travel Survey Data
(VKT)
Transportation
Vancouver
Housing and
Transportation
Affordability
Index
Vancouver - Results
Housing Only
Vancouver - Results
Housing and Transportation
Vancouver - Results
Housing and TransportationHousing Only
Cause: Transportation
Transportation > 15 %
Finding #1
1.  Including Transportation Costs has a
BIG effect on Affordability
Finding #1
1.  Including Transportation Costs has a
BIG effect on Affordability
MORE AFFORDABLE LESS AFFORDABLE
The 10 MOST Affordable
1. Mt. Pleasant/GNW
2. West End
3. Metrotown
4. Grandview-Woodlands
5. Strathcona
6. Broadway-Commercial
7. West End
8. Metrotown
9. West End
10. West End
Vancouver
Burnaby
The West End Metrotown
The 10 LEAST Affordable
1. Rosemary, South Surrey
2. West Cloverdale
3. Westwood Plateau
4. West Bay
5. Cypress Park
6. Westwood Plateau
7. East Newton North
8. Heritage Mountain
9. East Fleetwood
10. British Properties
Surrey Coquitlam West Vancouver Port Moody
Rosemary Cypress
Finding #2
2.  The MOST affordable areas centrally
located, have great transit access
The LEAST affordable areas are at
the periphery and have poor transit
access
Walkscore and Affordability
What
relationship
exists between
Walkability and
Affordability?
Transport Costs and Walkscore
0
5
10
15
20
25
0 10 20 30 40 50 60 70 80 90 100
TransportationCost(%ofregionalmedianhouseholdincome)
Walk Score
Greater Vancouver
Observed Linear Regression
Transport Costs and Walkscore
0
5
10
15
20
25
0 10 20 30 40 50 60 70 80 90 100
TransportationCost(%ofregionalmedianhouseholdincome)
Walk Score
Vancouver
Observed Linear Regression
Finding #3
3.  Walkable Communities necessitate
lower transport costs and increase
affordability
Walkability = Transport Costs = Affordability
Vanhattan or Hollywood North?
Became Affordable: 9 Areas
Become Unaffordable: 49 Areas
Finding #4
4.  Greater Vancouver’s affordability
situation is worse than we think
Actual vs. Experienced Affordability
(This is what CNT does)
Actual Affordability is how
affordable an area ACTUALLY is
Actual
Affordability
Housing + Transportation
Median Income
=
Actual vs. Experienced Affordability
Experienced Affordability is how
inhabitants EXPERIENCE it
Experienced
Affordability
Housing + Transportation
Local Income
=
Actual vs. Experienced Affordability
Actual vs. Experienced Affordability
Greatest Concern
Actual vs. Experienced Affordability
Vancouver
Actual vs. Experienced Affordability
Burnaby
Actual vs. Experienced Affordability
Surrey
Actual vs. Experienced Affordability
Surrey
Actual vs. Experienced Affordability
Surrey
Regional Affordability: Housing Alone
Regional Affordability: H+T
Regional Affordability: Change
Finding #5
5.  Improving Transit in the Suburbs
(especially Surrey) would have the
GREATEST benefit.
Surrey Rapid TransitEvergreen Line
How Wrong we Are
How Wrong we Are
Findings: Summary
1.  Transportation Costs SIGNIFICANT
2.  Central + Transit = AFFORDABLE
3.  Walkable = AFFORDABLE
4.  Greater Vancouver is LESS AFFORDABLE than we
think
5.  Transit in Suburbs = GREATEST BENEFIT
Recommendation #1
1.  Include Transportation Costs in the
Affordability Equation
+
Recommendation #2
2.  Improve Transit across the region
(especially in the suburbs)
Recommendation #3
3.  Rezone for Walkability
Walkability = Transport Costs
Recommendation #4
4.  Educate the public, especially those
with lower incomes of new
Affordability picture
>
Recommendation #5
5.  Locate Social housing in walkable
communities
Recommendations: Summary
1.  INCLUDE transport in affordability equation
2.  Greatly IMPROVE transit service across region
3.  REZONE for walkability
4.  EDUCATE the public about Location Efficiency
5.  LOCATE Social Housing in walkable areas with
good transit
Thank You!

Weitere ähnliche Inhalte

Was ist angesagt?

congestion pricing
congestion pricingcongestion pricing
congestion pricing
transalt
 
CUTA 2008: Matti S. Presentation
CUTA 2008: Matti S. PresentationCUTA 2008: Matti S. Presentation
CUTA 2008: Matti S. Presentation
cuta_dn
 
Thinking Highways - Congestion 4-12
Thinking Highways - Congestion 4-12Thinking Highways - Congestion 4-12
Thinking Highways - Congestion 4-12
David Pickeral
 
MarenScott_ViaFinal
MarenScott_ViaFinalMarenScott_ViaFinal
MarenScott_ViaFinal
Maren Scott
 

Was ist angesagt? (17)

Under-appreciated and neglected urban transport policy opportunities (and ref...
Under-appreciated and neglected urban transport policy opportunities (and ref...Under-appreciated and neglected urban transport policy opportunities (and ref...
Under-appreciated and neglected urban transport policy opportunities (and ref...
 
congestion pricing
congestion pricingcongestion pricing
congestion pricing
 
CUTA 2008: Matti S. Presentation
CUTA 2008: Matti S. PresentationCUTA 2008: Matti S. Presentation
CUTA 2008: Matti S. Presentation
 
Public Transportation
Public TransportationPublic Transportation
Public Transportation
 
Improving Transport Demand Management of Cities
Improving Transport Demand Management of CitiesImproving Transport Demand Management of Cities
Improving Transport Demand Management of Cities
 
City Speak XI - Is transport the solution or the enemy? Simon Ng of HKUST
City Speak XI - Is transport the solution or the enemy? Simon Ng of HKUSTCity Speak XI - Is transport the solution or the enemy? Simon Ng of HKUST
City Speak XI - Is transport the solution or the enemy? Simon Ng of HKUST
 
Decongesting New York
Decongesting New YorkDecongesting New York
Decongesting New York
 
Thinking Highways - Congestion 4-12
Thinking Highways - Congestion 4-12Thinking Highways - Congestion 4-12
Thinking Highways - Congestion 4-12
 
GTC NOLA Taxis Presentation
GTC NOLA Taxis PresentationGTC NOLA Taxis Presentation
GTC NOLA Taxis Presentation
 
MarenScott_ViaFinal
MarenScott_ViaFinalMarenScott_ViaFinal
MarenScott_ViaFinal
 
2012 11-29 presentation
2012 11-29 presentation2012 11-29 presentation
2012 11-29 presentation
 
RV 2014: Beyond Mobility: Corridor Planning for the Bigger Picture by Antonio...
RV 2014: Beyond Mobility: Corridor Planning for the Bigger Picture by Antonio...RV 2014: Beyond Mobility: Corridor Planning for the Bigger Picture by Antonio...
RV 2014: Beyond Mobility: Corridor Planning for the Bigger Picture by Antonio...
 
Open Traffic Program: Improving Lives in Southeast Asia
Open Traffic Program: Improving Lives in Southeast AsiaOpen Traffic Program: Improving Lives in Southeast Asia
Open Traffic Program: Improving Lives in Southeast Asia
 
The Sharing Economy and Transit
The Sharing Economy and TransitThe Sharing Economy and Transit
The Sharing Economy and Transit
 
Cab fare calculator
Cab fare calculatorCab fare calculator
Cab fare calculator
 
Transforming Cities Through Biking
Transforming Cities Through BikingTransforming Cities Through Biking
Transforming Cities Through Biking
 
NJFuture Redevelopment Forum 2016 Wright
NJFuture Redevelopment Forum 2016 WrightNJFuture Redevelopment Forum 2016 Wright
NJFuture Redevelopment Forum 2016 Wright
 

Andere mochten auch

Patrick Condon Upper Kitsilano Residents Association Presentation
Patrick Condon Upper Kitsilano Residents Association PresentationPatrick Condon Upper Kitsilano Residents Association Presentation
Patrick Condon Upper Kitsilano Residents Association Presentation
PlaceSpeak
 
Vancouver housing starts march 2011
Vancouver housing starts march 2011Vancouver housing starts march 2011
Vancouver housing starts march 2011
Matt Collinge
 
Investors - Affordable Housing Trust
Investors - Affordable Housing TrustInvestors - Affordable Housing Trust
Investors - Affordable Housing Trust
Prateek Gupta
 

Andere mochten auch (11)

Agustin Pinto Marketing Profile
Agustin Pinto Marketing ProfileAgustin Pinto Marketing Profile
Agustin Pinto Marketing Profile
 
The City's Role in Affordable Housing
The City's Role in Affordable HousingThe City's Role in Affordable Housing
The City's Role in Affordable Housing
 
Lanefab - Laneway Housing Overview March 2011
Lanefab - Laneway Housing Overview March 2011Lanefab - Laneway Housing Overview March 2011
Lanefab - Laneway Housing Overview March 2011
 
Patrick Condon Upper Kitsilano Residents Association Presentation
Patrick Condon Upper Kitsilano Residents Association PresentationPatrick Condon Upper Kitsilano Residents Association Presentation
Patrick Condon Upper Kitsilano Residents Association Presentation
 
Challenges of Affordable Housing
Challenges of Affordable HousingChallenges of Affordable Housing
Challenges of Affordable Housing
 
Vancouver housing starts march 2011
Vancouver housing starts march 2011Vancouver housing starts march 2011
Vancouver housing starts march 2011
 
Investors - Affordable Housing Trust
Investors - Affordable Housing TrustInvestors - Affordable Housing Trust
Investors - Affordable Housing Trust
 
Developing affordable housing: challenges, solutions and innovation
Developing affordable housing: challenges, solutions and innovationDeveloping affordable housing: challenges, solutions and innovation
Developing affordable housing: challenges, solutions and innovation
 
The Future of B.C. Housing Report Presentation for the City of Vancouver
The Future of B.C. Housing Report Presentation for the City of VancouverThe Future of B.C. Housing Report Presentation for the City of Vancouver
The Future of B.C. Housing Report Presentation for the City of Vancouver
 
Staff presentation: Final report on Mayor's Housing Affordability Task Force
Staff presentation: Final report on Mayor's Housing Affordability Task ForceStaff presentation: Final report on Mayor's Housing Affordability Task Force
Staff presentation: Final report on Mayor's Housing Affordability Task Force
 
Clean City, Clean India and Green World
Clean City, Clean India and Green WorldClean City, Clean India and Green World
Clean City, Clean India and Green World
 

Ähnlich wie Driving Up the Cost of Living

capstone_report_final_web
capstone_report_final_webcapstone_report_final_web
capstone_report_final_web
Scott Shaffer
 
Metro Vancouver presentation on the 2012 Urban Futures Survey
Metro Vancouver presentation on the 2012 Urban Futures SurveyMetro Vancouver presentation on the 2012 Urban Futures Survey
Metro Vancouver presentation on the 2012 Urban Futures Survey
PlaceSpeak
 

Ähnlich wie Driving Up the Cost of Living (14)

Moving in a Livable Region - Urban Futures Survey
Moving in a Livable Region - Urban Futures SurveyMoving in a Livable Region - Urban Futures Survey
Moving in a Livable Region - Urban Futures Survey
 
Greater Vancouver Urban Futures Survey: PlaceSpeak Board
Greater Vancouver Urban Futures Survey: PlaceSpeak BoardGreater Vancouver Urban Futures Survey: PlaceSpeak Board
Greater Vancouver Urban Futures Survey: PlaceSpeak Board
 
Chattanooga Passenger Rail Public Meeting 10/22/15
Chattanooga Passenger Rail Public Meeting 10/22/15  Chattanooga Passenger Rail Public Meeting 10/22/15
Chattanooga Passenger Rail Public Meeting 10/22/15
 
TransLink Overview and the Public Consultation Process
TransLink Overview and the Public Consultation ProcessTransLink Overview and the Public Consultation Process
TransLink Overview and the Public Consultation Process
 
The Importance of Context: TOD and Equity Issues October 2015
The Importance of Context: TOD and Equity Issues October 2015 The Importance of Context: TOD and Equity Issues October 2015
The Importance of Context: TOD and Equity Issues October 2015
 
Decongesting a Liveable Region Through Transit Investment
Decongesting a Liveable Region Through Transit InvestmentDecongesting a Liveable Region Through Transit Investment
Decongesting a Liveable Region Through Transit Investment
 
capstone_report_final_web
capstone_report_final_webcapstone_report_final_web
capstone_report_final_web
 
Community-based Assessments of Transportation Needs by Vivian Satterfield
Community-based Assessments of Transportation Needs by Vivian Satterfield Community-based Assessments of Transportation Needs by Vivian Satterfield
Community-based Assessments of Transportation Needs by Vivian Satterfield
 
Cultivating great transit related communities final
Cultivating great transit related communities finalCultivating great transit related communities final
Cultivating great transit related communities final
 
Metro Vancouver presentation on the 2012 Urban Futures Survey
Metro Vancouver presentation on the 2012 Urban Futures SurveyMetro Vancouver presentation on the 2012 Urban Futures Survey
Metro Vancouver presentation on the 2012 Urban Futures Survey
 
VTA's Next Network: Your Transit Choices
VTA's Next Network: Your Transit ChoicesVTA's Next Network: Your Transit Choices
VTA's Next Network: Your Transit Choices
 
Revised skipper presentation
Revised skipper presentationRevised skipper presentation
Revised skipper presentation
 
Rail~Volution 101 - Fundamentals: Principles and Practices
Rail~Volution 101 - Fundamentals: Principles and PracticesRail~Volution 101 - Fundamentals: Principles and Practices
Rail~Volution 101 - Fundamentals: Principles and Practices
 
transportation-2040-plan.pdf
transportation-2040-plan.pdftransportation-2040-plan.pdf
transportation-2040-plan.pdf
 

Kürzlich hochgeladen

The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 

Kürzlich hochgeladen (20)

HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
 
How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 

Driving Up the Cost of Living