Another related article in the NYT. The high cost of gas is driving people back to the city from the suburbs. I liked this quote from an economist:
“The fuel price change should be capitalized into the cost of houses,” Mr. Zandi said. “Prices in the outer suburbs will get clobbered.” http://www.nytimes.com/2008/06/25/business/25exurbs.html?pagewanted=2&_r=1 If we had taken this perspective 20 years, and included the *real* cost of fuel (pollution, global warming, deaths on the road....) in the housing market, we wouldn't have so many sprawlburbs today. -- ===== darin ---- "Michael D. Barrett" <[EMAIL PROTECTED]> wrote: > NASA climate scientist James Hansen, on the 20th anniversary of his > congressional testimony before congress on global warming: > http://dotearth.blogs.nytimes.com/2008/06/23/are-big-oil-and-big-coal-climate-criminals/index.html?hp > > ....And still our alders--each and every one of them--as well as our > 'green' mayor, are working feverishly on a budget dominated by > massive road expansions out into the 'burbs. Neither the warnings of > eminent scientists, nor the monsoonal rains--in the Upper Midwest of > all places!--two years running can deter them from their paving > bender. > > Hansen wants to try the captains of coal & petroleum industry for > crimes against humanity. We might need to start looking closer to > home. > > -Mike > > > _______________________________________________ > Bikies mailing list > [email protected] > http://www.danenet.org/mailman/listinfo/bikies _______________________________________________ Bikies mailing list [email protected] http://www.danenet.org/mailman/listinfo/bikies
