Mortgages ‘Drive til you qualify’

Working families in USA spend more money on transport than on housing due to “Drive until you qualify” phenomenon. And people putting ALL the money they have into their mortgage.

https://www.ted.com/talks/jeff_speck_the_walkable_city?utm_campaign=social&utm_medium=referral&utm_source=linkedin.com&utm_content=talk&utm_term=art-design