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Jobs-Housing Balance (PAS 516)
By Jerry Weitz
Some argue that the market is the mechanism that will achieve jobs-housing balance. Author Jerry Weitz researched four types of jobs-housing imbalance and concluded that, in fact, the market failed to achieve such balance in three of the four scenarios he lays out.
Published by APA Planning Advisory Service , 2003
Format: Paperback , 41 pp.
Quick order code: P516
Jobs-Housing Balance examines a controversial concept. Some have argued that the market is the mechanism that will achieve balance between jobs and housing. Weitz, in his research of four types of jobs-housing imbalance, concludes that, in fact, the market has failed to achieve balance in three of the four jobs-housing balance scenarios he lays out. He provides a number of case studies to support his findings, including one from King County, Washington, showing that increases in housing costs are more gradual in areas with a jobs-housing balance. This report counters the skeptics and points to those actions planners can take to help bring appropriate housing, jobs, and workforces together, resulting in overall community improvements.