Dear Matt,

You did get it right. Markets drive technology and social changes. But the market IS the peoples will. In an earlier time the street cars brought people to the edges of Chicago as people moved farther and farther out, not before the fact. But you got it wrong and put the cart before the horse. Of course in the old days before GOVERNMENT ran transportation, there was a need for real estate expansion and the private electric power companies were located at the ends of the car lines. That was a natural fit. The wrong part is saying, "let us build and they will come." Only GOVERNMENT has the unaccountable money and the chutzpah to pull that off!

Eric

Matt Logan wrote:
I believe a more effective place to assign the *real* costs of fuel is
in the building of the highways that made the sprawlburbs possible.  It
is a well established fact that building transportation infrastructure
will induce demand because THE MARKET takes advantage of the
infrastructure.
Build commuter rail and THE MARKET will respond with high density
housing and mixed-use development along the rail line that give people a
range of transportation choices.

Build wide roads with high (60+mph) speed limits and THE MARKET will
respond by creating single-use development 25 miles away from major
shopping/employment centers that leave people no option but to drive
everywhere.

-----Original Message-----
From: [EMAIL PROTECTED]
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.



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