![]() |
Victor Wong is an entrepreneur. He is the CEO of PaperG.
"It's not what you make that matters, it's what you build that counts." |
Commuting is one of the worst things you can do for your happiness and finances. This is why I live 15 minutes walking distance from work. I’m glad someone has finally quantified the issue:
So each mile you live from work steals $795 per year from you in commuting costs.
In other words, a logical person should be willing to pay about $15,900 more for a house that is one mile closer to work, and $477,000 more for a house that is 30 miles closer to work. For a double-commuting couple, these numbers are $31,800 and $954,000.