Gas Prices and Real Estate

Interesting piece picked up by The Oil Drum on the relationship between gas prices and real estate in Australia. It summarizes a study of the effect on commuting costs when considering various communities progressively further outside the urban/suburban/exurban horizon west of Sydney. Here is the effect in the $2/litre scenario, with red representing the highest percentage of income going to fuel consumption, etc.: …
Fuente Original

  12 May, 2008| Economy | @ 20:30

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