My Home About Me

There is a very interesting article on the Stats Canada web page talking about a survey done in Montreal, looking at commuting patterns. If you asked me I would have thought folks would rather have short commutes and work near where they live, however this article says pretty much the opposite:

Rather, this study suggests, people actually like to work in large business districts, and are willing to travel further to get to them.

...

The findings challenge the generally held assumption that workers accept the extra travel costs because of the higher incomes and job status offered at employment poles. Instead, income and job status actually play a relatively minor role in explaining why people who work in these large business districts are prepared to live further from their jobs than people who work outside them.

That's very interesting. I hate commuting, but I also know that I don't want to work at home. Currently my commute to and from work is about 20 minutes which is just fine for me thank you. My only complaint is that I can't use mass transit to get to my office (which is in a business area of Ottawa).

Do you like commuting? I guess that is the question of the day on the site? I don't like the economics of commuting too (bus pass, car maintenance, lost time, etc.,). --C8j

bailout   Basic Materials SPDR (XLB)   bond trading   bond yields   capitulation   climactic   commodities   credit crisis   Currency ETFs   day trading   Deron Wagner   DJIA chart   economic data   Emini's Nas 100   emini's S&P 500   emini's S&P 500e   ETFs (exchange trade funds)   ETFs (exchange traded funds)   Gold Miners ETF (GDX)   Japanese Yen ETF (FXY)