I Love Lamp wrote:
Both Qatar's oil minister and the head of OPEC can see oil hitting $200 a barrel before the end of the year and one analyst says gas could reach $7 a gallon within four years. That could mean cataclysm for the global economy.
This obviously relates to the other article about the decline of suburbia. But like the conversation chris and i had earlier today, the people who are going to hurt most are the people sitting in traffic for hours because of the mcmansion lifestyle. these are the same people who don't want the train system to reach out to their neighborhoods. oh well, that just means my house value will go up and why more people are moving back in town.
I agree with you. I take the train a majority of days to work and live in town. It really works out well for me. Its nice to go up to the Lanier Dam and fish on the weekend, but I sure as hell don't want to live up there. I saw houses 'Starting in the low 300s' last time I was up there. I really couldn't help to laugh...
yeah driving to the lake sounds better than driving to the lake to go home. you forget that the people who are buying the houses in the $300k range are the same ones driving their leased car paying between $600-$1000 a month. hmm, i wonder why people might not be able to pay for gas. if you don't believe me check out http://www.leasetrader.com/. check out the $1800 the person is paying for their S8.
