However, higher tax rates and
much higher cost of housing leads to the gross disposable income being only 60 % of Northern Ireland.
Not exact matches
At one extreme, some places with low
housing costs might appear to be very affordable, but incomes might also be
much lower than elsewhere; at the other extreme, some places that appear to be extremely expensive when looking at prices, might be more manageable as a result
of relatively
high wages and salaries.
The Brookings report found that in «the 100 largest metropolitan areas,
housing costs an average
of 2.4 times as
much, or nearly $ 11,000 more per year, near a
high - scoring public school than near a low - scoring public school.»
Bought too
much house and living in a
high cost of living area?
The typical breadwinner will spend between 10 % and 30 %
of their gross salary (which can represent as
much as 50 %
of their take - home pay at the
high end) on various
housing - related
costs, either rent and utilities for an apartment, or mortgage P&I, insurance, property taxes, utilities, HOA dues, home maintenance
costs, etc for a condo, townhome or SFD.
Still, MM's point is valid because if your opportunity
cost of owning is too
high, you have too
much house and could hurt you financially.
Because when you build multifamily
housing, it doesn't
cost nearly as
much to make it Passivhaus efficient; instead
of having four walls, a roof and a floor to insulate to such
high levels, most units have one, maybe two exposures.
For instance, ground source heat pumps tend to have
higher efficiencies than air source units during the heating season due to the relative stability
of ground temperatures below certain depths, though air source units — which involve
much lower capital
costs — have closed the gap in recent years as manufacturers have refined their design, and there is evidence to indicate that space heating demand in many Irish buildings may be peaking in Ireland's frequently relatively mild but windy weather, as the guide to air source heat pumps in Issue 24
of Passive
House Plus discussed.
Mattamy Homes COO Brian Johnston told Construction Dive, «Fundamentally, ground - oriented
housing is not efficient, and proportionately, too
much of the
cost is chewed up by
high land
cost.
Not that
much different than
cost of a
higher priced Tiny
House but, again,
much different quality
of build.
According to Scott Kennedy
of Cornerstone, a Vancouver architecture firm Passive
House makes a lot
of economic sense; in multiple family building the ratio
of surface area (the expensive part in Passive) is
much smaller so the
costs are only about four percent
higher than conventional construction.
In a recent post on tiny Polish
houses on rails, I complained about the use
of expandable pop - out units:» Pop - outs like this are common on recreational vehicles, but I am not sure it makes any sense here; transportation to the site is a bit more economical but the added complexity and
cost of construction will probably be
much higher.»
In a
much more
cost - conscious climate, the recent trend is for a
higher proportion
of legal work to be kept in -
house; the scope
of legal work to be extended; and new non-legal work from non-traditional areas such as risk, compliance and strategy to be piled on lawyers» plates.
If do - gooders would like to spread insurance risks statewide (not by ZIP code as they do now) those who live outside
of high risk (theft, vandalism, drugs, etc.) areas will subsidize those whose
housing cost is
much lower.
In the event that part
of your
house needs to be rebuilt, but ordinance changes since its construction make the
cost much higher than expected, your covered.
Workers in this industry are offered a
much higher wage than the average around the nation, which more than compensates for the small increase in expenses you'll experience related to the
cost of housing.
However, as a consequence
of young mothers being required to work, infants may be placed in child care at a very early age, and mothers often require a patchwork
of solutions, some
of which may be substandard.40 Quality child care and early childhood education are extremely important for the promotion
of cognitive and socioemotional development
of infants and toddlers.41 Yet, child care may
cost as
much as
housing in most areas
of the United States, 25 %
of the budget
of a family with 2 children, and infant care can
cost as
much as college.42 Many working families benefit from the dependent care tax credit for the
cost of child care, allowing those families to place their children in a certified or
higher - quality environment.43 However, working families who do not have sufficient income to pay taxes are not able to realize this support for their children, because the credit is not refundable or paid to families before taxation.44 Therefore, some
of the most at - risk children who might benefit from
high - quality early childhood education are not eligible for financial support.
Single - family, detached homes typically carry
higher price tags than townhouses and condos, depending highly on location, and have
higher home maintenance
costs, but
house owners have all
of the say in what get fixed when and how
much they are willing to spend.