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Tuesday, August 05, 2008

Costly gasoline hurts exurban house prices

The big lot and spacious house doesn't seem so great when you have to drive your 12 mpg Denali 45 miles each way to work.  The Washington Post has some great graphics showing how housing prices in the core of DC have increased while the housing crisis is gutting exurban prices by 26% in the past year.

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