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Housing and transportation are generally households' first and second largest sources of spending. In the United States, Latin America, and Europe, urban residents dedicate nearly half of their spending to housing and transportation (Combes et al., 2012; Gallego and Ramírez, 2012; US Department of Transportation, 2013). The prices of housing and transportation are also strongly linked. Housing prices decline with increased transportation costs in the foundational urban economic models (Alonso, 1964; Alonso, 1960; Mills, 1972; Muth, 1969). Individual households also commonly make trade-offs between housing and transportation costs. For example, a household might choose higher transportation costs in a location on the urban periphery to be able to afford a house. Dense, diverse, pedestrian-friendly, and transit-accessible neighborhoods tend to command a price premium, but allow households to save …