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Author
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Topic: $5 Gas have anyone leaving the suburbs?
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FriscoNotch
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Member # 5916
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posted
 
 
Interesting article. Will the suburbs be the new slums?
http://online.wsj.com/article/SB121366811790479767.html?mod=hps_us_inside_today
Today, the subprime-mortgage crisis and $4-a-gallon gasoline are delivering further gut punches by blighting remote subdivisions nationwide and rendering long commutes untenable for middle-class Americans.
Even families who sought the suburbs or were priced out of cities now have an economic imperative to find their way back closer to town. Transportation is the second-biggest household expense, after housing, and suburban families face a relatively greater gas burden. At the same time, distant suburbs, or exurbs, where housing growth was predicated on cheap gas, have experienced the biggest declines in home values in the past year
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'93 SSP 5.0 Police Coupe
'83 GLX 5.0 Coupe
'79 Ghia Coupe
Posts: 305 | From: SF | Registered: Aug 2005
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Wolfie351
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Member # 651
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posted
The amount I paid for my tiny house (2 miles from work) could have bought me a place three times larger out in the boonies but with a 30+ mile commute. Am happier than ever that I chose the smaller house close to work. Also gives me fodder against Prius owners who think they use less gas than I do.
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1985 Mustang GT: 351W, Griggs, Baer, etc etc
Posts: 1214 | From: South Bay | Registered: Dec 2001
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68dustin
CAFords OG
Member # 5388
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posted
I still like living 30 miles away from work.... gas is kinda hitting me in the pocket book, but i picked up an underbucket...which gets 26 miles per gallon. i like my big house with the 3 car garage to put my lil pony and toys in... i wouldnt dare having the shit sitting out side in sac....
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"As I lay rubber down the street, I pray for traction that I can keep, and if I do begin to slide, please dear God protect me and my ride!"
Posts: 3986 | From: neverland | Registered: Feb 2005
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