July 29, 2013

Dear Dan: Where should I live?

Behavioural economist Dan Ariely’s “Predictably Irrational” blog is one of Michael Alexander’s touchstones.  This might explain why:
Dear Dan,
We recently got married and are having a hard time deciding where to live. Should we live in the city, close to where we work? Or would we be better off finding some place cheaper, greener and farther away from the city?
—A Couple from the Center
Your decision should take a few things into account. First, most of us can get used to most things: houses of different sizes, for instance, or a neighborhood that is green or drab. And we adapt to most changes faster than we expect. Many years ago, for example, I suffered a serious injury that changed my life dramatically. But over time I got used to these changes, and now my life is much better than I would have expected.
But there are some things that we don’t get used to, at least not that easily. One of these, sadly, is commuting—that annoying daily trip from the small neighborhood where we live to our place of work in the big city. We don’t get used to such trips because we never know what’s in store for us in traffic. If we know that we can leave home each day at 7:30 a.m. and arrive at 9 a.m., we can live with that. But because of traffic and bottlenecks, we never know when we might arrive. And this uncertainty makes it difficult to get used to commuting, making each day start out so badly.
This is why I suggest that you take distance from work into account as a significant factor in deciding where to live. It will play a larger role in your life than you think.

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