Suburbia strained by expensive fuel June 30, 2008
Posted by bruce mcgranahan in energy, land use.Tags: energy, gas prices
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People tend to deal with pain at the pump with short-term fixes—driving a little less, experimenting with bus lines and the like. But it takes the expectation of sustained high gas prices to drive a shift as permanent as moving house. When we fiddled with this toy to calculate how expensive life is in those deceptively cheap suburban digs, we didn’t think its findings would come true so soon.
Breaking Point: Pricey Gas Drives People to Move
Posted by Keith Johnson
Higher gasoline prices appear to have definitely broken the camel’s back. People aren’t just driving less—they are actually moving to save gas money each month.
On Wednesday, a survey of 900 Coldwell Banker agents showed a remarkable 96 percent said that rising gas prices were a concern to their clients, and 78 percent said higher fuel costs are increasing their desire for city living. <Read More>
