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Deputy HUD Secretary: Live Smaller, Denser

Wednesday, March 24, 2010 - 11:53 AM

(The Takeaway) Think tanks have been getting more and more vocal of late when it comes to "affordable housing," arguing that term sua sponte hides costs by making people forget about transportation costs -- which can easily add to to more than a mortgage. In a thought-provoking interview, Deputy HUD Secretary Ronald Sims tells Transportation Nation's Andrea Bernstein that the far-off dream house in a far-flung community is no longer sustainable. His recommendation: move closer in, live in a smaller home, choose a denser community. Hear the Takeaway segment and interview here.

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