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Tag: transportation
Will High Gas Prices Save Close-in Neighborhoods?
In a discussion last month where we discussed the relationship between gas prices and home purchase decisions, I made the following assertion: …mathematically the decision to move closer just because of higher gas prices doesn’t really make sense. In the last few days I’ve run across a few news articles that again make the contrary…
Gas Prices & Home Buying
With gas prices passing another big round number lately, there’s been a fair amount of talk about how the high price of fuel is affecting people’s daily lives. When it comes to the real estate market, common knowledge says that higher gas prices will hit home prices in the suburbs and exurbs, while helping to…