Gas cost a threat to suburban apartment owners
Nationwide, home prices in neighborhoods with long commutes and no public transportation are falling faster than prices in communities closer to cities, according to a study by Joseph Cortright, an economist at Impresa Consulting. For example, his study found that prices in distant suburbs of Tampa fell 14 percent in the last 12 months, versus a 9 percent drop in areas nearer the city. “The decline in almost every case is worse in the suburbs and exurbs than it is in close-in neighborhoods becau
Original post by MikeBolen.com