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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (108621)3/9/2008 1:46:42 PM
From: Lizzie TudorRespond to of 306849
 
and the transition from DUVs to plug-in electrics will not be quick.

What makes you say that? I see electric vehicles every day now and there are some of those plug in stations at the new target big box mall being built in San Jose (I have no idea how those work, if it like a parking meter where you put your card in, or what- and the mall is under construction still so no way to know).

Economic changes driven by necessity happen more quickly than anyone can imagine. My most recent example is the Indian engineer salaries now $65K, when they were $6K in 1999. I knew these were going to reach parity eventually but this happened much more quickly than I ever imagined.

This electric car shift will take............ 4 years? Or within that time there will be enough electric cars to make a dent in oil demand at least



To: Tommaso who wrote (108621)3/9/2008 1:49:20 PM
From: bentwayRead Replies (2) | Respond to of 306849
 
"$6.00 ($USD) gasoline" =



To: Tommaso who wrote (108621)3/9/2008 2:20:40 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>The United States residential patterns demand the use of the automobile and the transition from DUVs to plug-in electrics will not be quick.<<

Sadly, this is true. Wyatt pointed out a long time ago (maybe 12-18 months) that gasoline demand won't drop even with improved CAFE standards, if only because the 'installed base' of gas-guzzline SUV's is so large. Even if people sold 'em, there would still be a buyer who will be pumping copious amounts of unleaded in the tank for years to come. What's the average lifespan of a Ford Expedition or Cadillac Escalade, anyway?