Jonah Lehrer argues that home buyers usually underestimate the value of a short commute:
Why is traffic so unpleasant? One reason is that it's a painful ritual we never get used to - the flow of traffic is inherently unpredictable. As a result, we don't habituate to the suffering of rush hour. (Ironically, if traffic was always bad, and not just usually bad, it would be easier to deal with. So the commutes that really kill us are those rare days when the highways are clear.) As the Harvard psychologist Daniel Gilbert notes, "Driving in traffic is a different kind of hell every day."
I am so lucky to have my ridiculous little bike.