Transportation Trends and Housing Affordability

first_img Living Metro Metro Areas 2019-05-16 Mike Albanese Transportation Trends and Housing Affordability May 16, 2019 417 Views in Daily Dose, Data, Featured, Newscenter_img Living in a big city requires many things today. A car, however, is not one of them.A new report by Trulia surveyed some of the largest markets in the nation, and found that New York, New York, has the lowest people-per-vehicle ratio of any metro in the nation, with one car for every 12.58 people.The report studied ZIP codes of every metro market in the nation. ZIP codes associated to the New York—or the metro market of New York-Newark-New Jersey-Connecticut-Pennsylvania—had the 76 highest people-per-vehicle ratios.San Francisco, California, and the San Jose-San Francisco-Oakland metro market, had the second highest ratio, with 5.03 people-per-vehicle. The Boston-Worcester-Providence metro market followed with 4.60 people-per-vehicle.One trait that follows suit is the link to income and vehicles, as the average salary for all the highest-ranking New York markets was roughly $51,000. Another factor to consider, according to Trulia, is the density of population.“Lower incomes, for their part, mean people are less able to afford a vehicle,” the report states. “And greater population density does two things: First, it makes space for parking more scarce and so, all else equal, more costly. Second, greater population density allows places to support public transit that is both more frequent and more efficient. Pricier parking and better transit both discourage the use of vehicles.”“Take New York and Boston: In these metros it is density—not income—that is most clearly associated with the number of people per vehicle (especially in the denser parts of these metros),” according to the report. “At the same time, in Los Angeles and Houston it is income, not density, that is more closely associated with that number.”The report states that the Knoxville, Tennessee, region has the lowest people-per-vehicle ratio in the nation for metros with more than 1 million residents with 1.31 people-per-vehicle. The metro areas of Dayton, Ohio (1.36) and Denver, Colorado (1.37) were close behind.The town of Dennis, Massachusetts, had the nations lowest person-per-vehicle ratio at 0.98. Dennis has a reported population of just 507.Houston, Texas, had the highest income-per-capita at $196,772, but had a person-per-vehicle ratio of just 1.22. The metro area of Fresno, California, reportedly had the lowest income-per-capita at $8,814, and had a person-per-vehicle ratio of 3.26. Sharelast_img read more

Nevis West Indies – Reported by Elite Traveler t

first_imgNevis, West Indies – Reported by Elite Traveler, the Private Jet Lifestyle MagazinePeter Burwash International (PBI), the world’s leading tennis management company, recently announced the appointment of Chris Myrold as Tennis Director for the Four Seasons Resort Nevis. After a two-year closure due to hurricane damage, the award-winning Caribbean resort will re-open on December 15, in time for the holiday season and its 20th anniversary this February.Originally from Minnesota, Myrold’s assignments in PBI include La Ventanas al Paraiso, the acclaimed luxury resort in Mexico and most recently the Four Seasons Resort Lanai’i at Manele Bay.“Chris’s experience and success achieved at the Four Seasons in Lanai’i have prepared him well to take over the program in Nevis and made him an obvious choice,” said PBI President Peter Burwash. “After two years away, we are excited to return to the Four Seasons Nevis and re-establish its reputation as one of world’s finest tennis resorts.”Also commenting on the appointment, Four Seasons Resort Nevis General Manager Andrew Humphries added, “We are delighted to have Chris lead our tennis operation to build on our legacy of great tennis. For almost two decades, PBI has provided our guests with continuity, outstanding tennis coaching, professionalism and personal service. We look forward to Chris’s leadership to provide our guests with one of the finest tennis programs anywhere.”Myrold will coordinate a medley of instructional programs and energizing tennis activities on the resort’s four red-clay and six hard courts. With lighted two courts for evening play, a full-service pro shop and guaranteed player-matching, it’s tennis heaven in the Caribbean.www.fourseasons.com/neviswww.pbitennis.comlast_img read more