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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: aerosappy who wrote (78542)1/22/2007 2:35:21 PM
From: ChanceIs  Read Replies (2) | Respond to of 206327
 
>>>Peak Oil and Rapid Transit.<<<

Why don't you come to Washington, DC and fix the rapid rail here first, before developing in Atlanta. Real estate prices are through the roof (rent costs 50% of the costs to buy). You have to figure that real estate taxes are through the roof, and that the publicly support "Metro Rail" system would be rolling in it. Instead its running significantly in the red. To fix the problem they have decided not to fill with new employees, any vacant slots - instead of raising rates. It seems that there have been a lot of derailments recently. Do you suppose that the solution to the budget problem has anything to do with the derailments?

You would also have to figure that in this area with its very bad traffic, they would make Metro Rail a priority. Ah well. I guess that they will raise rates when gasoline hits $6. By then the development will be about five years behind Atlanta.