AltWeeklies Wire

Oil Costs Reshaping the Suburbsnew

Current property values in the U.S., where the subprime-mortgage crisis has unleashed a sea of foreclosures, demonstrate how surging oil prices can affect the real-estate market. Cities with more suburban sprawl are suffering more in terms of depressed prices than denser areas that are less dependent on cars.
The Georgia Straight  |  Carlito Pablo  |  05-19-2008  |  Housing & Development

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