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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (36049)6/24/2008 10:14:26 PM
From: Startwitharoux  Read Replies (1) | Respond to of 217547
 
I question these experts' premise. What reason would there be to favor urban areas if the forces that are creating this problem continue? Would it somehow be more desirable to live in an inner city once oil and electricity are scarce?



To: elmatador who wrote (36049)6/25/2008 12:16:11 AM
From: RJA_  Read Replies (2) | Respond to of 217547
 
Interesting article. I live on the Front Range (the area covered by the article)... when I got here in 2000 we did look in Elizabeth... even found a reasonably priced 35 acre spread in Kowia (neighboring town).

I think one of the tricks will be to be fortunate enough to be located in an area close enough to commuter rail.

Prices seem to hold up based on location... being central to most of the Front Range cities seems to help (at least according to Zillow).

If your time frame is long (at least 10 years) you may be able to see to the other side of this event... electric cars such as the Volt will help...

Most of the stuff currently being built is on small lots. It is rare to have developments with several acres... and there will always be those who want horses, gardens, and not to breathe down the backs of their neighbors.

Since there is less and less of that kind of thing, it should ultimately be reflected in prices.

Light rail service to Denver from much of the Front Range is in the land acquisition/engineering phase at present. It will eventually be 10-15 minutes away from most places except those in the far north (and as those disciples of Mohamed say) lord willing...<g>.

I do expect a rebirth of urbanism... and cities with easy access to shopping, night life, and community activities, all within walking distance.

I suppose as an urban neighborhood gentrifies, the crime problem is mitigated... but what happens to the current residents?