SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tradermike_1999 who started this subject8/21/2004 6:32:00 AM
From: Seeker of Truth  Read Replies (1) of 74559
 
Oil vs. Suburbia,
I sounded this theme about a year ago. It was not timely. Perhaps it is so now. The idea is that most jobs are in the city and therefore suburb dwellers are forced to use lots of gasoline to get to work. Forget about the waste of the drivers' time; it is a drain on the suburban person's cash, which the city dweller does not have. For those living in a relatively low priced development outside of the city, it is another way in which people are forced down out of the middle class into the poor level. The rise in oil price not only increases the suburb to and from job transportation cost, it also increases the house heating cost. Apartments in the city are energy efficient in that the outside surface is much less than in an isolated house, typically outside of the city. So the apartment uses less energy to keep the temperature comfortable in winter. I mentioned that in the far north of Sweden, near the Arctic circle, one sees mainly apartment buildings, even in small towns.
The gist of all this is that an investment in city apartments should be rewarding in the situation of energy shortage. Recently CAR.UN has been moving up strongly. I'm not touting this particular one, just promoting the idea of buying apartment real estate as yet another action in the era of dwindling fossil fuel supplies. Of course rent control and associated political questions have to be considered. Another, perhaps better way to play this is via urban shopping centers.
Any opinions?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News