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Monday, April 12, 2010

Exurban sprawl hits the wall of gas prices

StarTribune.com: "New estimates suggest that the movement into suburban and exurban counties within commuting distance of Minneapolis and St. Paul has stopped cold for the first time in recent memory."
Cheap energy made living on the urban fringe, if not desirable, but as gas prices rise, home values fall. The worst for a lot of folks is that now that they want to move closer in, their home values have fallen too much to make it possible. Ugh.

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