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Could rising gas prices kill the suburbs?
msn ^ | 8/15/06 | marylin lewis

Posted on 08/15/2006 9:32:24 AM PDT by LouAvul

Rising fuel costs are being blamed for everything from soaring utility costs to lower retail sales and higher airline tickets. And now, experts say high gas prices could reshape U.S. cities.

"Most analysts believe that crude oil prices in the $50s and $60s will be with us for some time," says Stuart Gabriel, director of the Lusk Center, a think tank at the University of Southern California devoted to studying real estate forces and trends. There's even talk of crude hitting $100 per barrel -- or 10 times what it sold for in the summer of 2005.

Once the realization soaks into the American consciousness that high-cost gas is here to stay, Gabriel predicts, those high commute prices will pull more homeowners -- even young families -- to live in central cities and create a push for more public transportation.

(Excerpt) Read more at realestate.msn.com ...


TOPICS: Business/Economy
KEYWORDS: energy; gasprices; suburbs; telecommute; telecommuting
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Now, that could seriously impact some real estate markets.

I knew commuters in California who would spend one to two hours, one way, going to work. They could make more where they worked but buy affordable homes elsewhere.

1 posted on 08/15/2006 9:32:26 AM PDT by LouAvul
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To: LouAvul

If prices stay high and unstable, it will eventually effect the burbs. First though, the prices will affect what we drive, how we commute, what time of day we commute, etc.


2 posted on 08/15/2006 9:34:36 AM PDT by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: LouAvul

3 posted on 08/15/2006 9:35:20 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: LouAvul

What an amazing conclusion!

The most productive citizens live in the suburbs. They will move their work there.

The socialist cities will be annihilated.


4 posted on 08/15/2006 9:36:57 AM PDT by BillM
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To: LouAvul

Telecommuting


5 posted on 08/15/2006 9:37:51 AM PDT by Dilbert56
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To: LouAvul

The price of gasoline won't matter at all. Trips might be thought out a little more but gasoline is still cheap.


6 posted on 08/15/2006 9:38:40 AM PDT by RightWhale (Repeal the law of the excluded middle)
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To: LouAvul
There's even talk of crude hitting $100 per barrel -- or 10 times what it sold for in the summer of 2005.

Oil was only $10.00 a barrel in 2005? Who Knew.

7 posted on 08/15/2006 9:38:47 AM PDT by eyedigress
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To: LouAvul
to live in central cities and create a push for more public transportation.

well families are NOT going to move into the jungle urban homes unless they are protected by gun toting security forces like homeowner in the philipines

8 posted on 08/15/2006 9:39:42 AM PDT by stuck_in_new_orleans
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To: george76
Bull. World population is not increasing; rather it is stagnating and will decline after several decades.

It has zero to do with why energy prices are high.

9 posted on 08/15/2006 9:39:55 AM PDT by Extremely Extreme Extremist (404 Page Error Found)
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To: P-40
If prices stay high and unstable, it will eventually effect the burbs. First though, the prices will affect what we drive, how we commute, what time of day we commute, etc.

I tend to agree with your assessment.

In larger part, the central cities are such hellholes of liberalism, that many people would pay a lot more to stay out of them. Especially those with kids.

I live in the Rat stronghold of Cleveland. The schools have pretty much sucked for 40 years now compared to the suburbs. If I had kids, I'd pay just about any expense to keep them out of the local indoctrination centers.
10 posted on 08/15/2006 9:39:55 AM PDT by CertainInalienableRights
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To: RightWhale

Gas is down 13cents a gallon here to 2.99. Hardly a disaster....


11 posted on 08/15/2006 9:40:15 AM PDT by Kozak (Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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To: BillM
The most productive citizens live in the suburbs. They will move their work there.

I dont know about that...you move companys to the suburbs and people will just move again...hense the reason suburns were created in the first place

12 posted on 08/15/2006 9:40:56 AM PDT by stuck_in_new_orleans
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To: Extremely Extreme Extremist
Bull. World population is not increasing; rather it is stagnating and will decline after several decades.

What world do you live on?

Here on Earth the population will continue to increase for at least a few more decades before leveling off.
13 posted on 08/15/2006 9:41:53 AM PDT by Kozak (Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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To: BillM

That's what I did. Get a job in the suburb close to my house. I'd be willing to pay $20 a gallon for gas just to avoid living in a city.


14 posted on 08/15/2006 9:43:07 AM PDT by mhx
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To: Dilbert56
Telecommuting

I'm in the process of setting this up for myself. I've determined that buying DSL will allow me to telecommute 1 day/week and save money, based on my gasoline costs.

15 posted on 08/15/2006 9:43:12 AM PDT by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: Extremely Extreme Extremist

Current projections by the UN's Population Division, based on the 2004 revision of the World Population Prospects database [3], are as follows.
Year Population (billions)
2010 6.8
2020 7.6
2030 8.2
2040 8.7
2050 8.9

Other projections of population growth predict that the world's population will eventually crest, though it is uncertain exactly when or how. In some scenarios, the population will crest as early as the mid-21st century at under 10 billion, due to gradually decreasing birth rates.


16 posted on 08/15/2006 9:43:45 AM PDT by Kozak (Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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To: Kozak

9 billion does seem to be somewhat of a consensus for the topping off of the population.


17 posted on 08/15/2006 9:43:57 AM PDT by oldleft
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To: Extremely Extreme Extremist
How about this ?


18 posted on 08/15/2006 9:45:16 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: BillM

"What an amazing conclusion!"

Nah, just the fantasies of "sustainable urban planners". ;)The same ones they've had for the last 30 years or so. ;)

I'll *never* move back to town. There's plenty of other ways to cut down on both my gas consumption and my spending. :)


19 posted on 08/15/2006 9:46:26 AM PDT by Mrs. Ranger (lamenting the death of "common sense" - vote Irey)
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To: LouAvul

I'm one of those commuters. I work in West LA and live in Santa Clarita. It has to do with more than affordable homes though; the politics in West LA are almost communist, while Santa Clarita is a conservative haven.


20 posted on 08/15/2006 9:46:56 AM PDT by oldleft
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