Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

On Jun 25, 2008, at 8:19 AM, Don Bowen wrote:

> "Land that was purchased with expanding metro areas in mind has  
> already been hard hit in value," says [Deutsche Bank analyst Nishu  
> Sood]. "Sustained higher gas prices could render it effectively  
> worthless."
>
> http://calculatedrisk.blogspot.com/2008/06/more-on-decline-of-exurban-lifestyle.html

Expect change and be not disappointed.

Commuters moving back to cities will affect city housing prices.

And the beat goes on.