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05-15-2007, 08:30 PM
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Senior Member
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Join Date: Dec 2006
217 posts, read 193,670 times
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WIth rising gas prices, it's my guess that the rich people will still live in the burbs. It's the struggling middle class that will move back in. I can't imagine that people who will be too poor to afford gas for commutes will have the capital to gentrify the inner city to any significant degree. They'll all just live in slum together.
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05-15-2007, 08:39 PM
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Senior Member
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Location: Houston/Brownsville
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05-15-2007, 09:49 PM
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Senior Member
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Join Date: Apr 2007
505 posts, read 571,087 times
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the rising gas prices are just one reason that, after a year of researching new communities, we've decided to hang on to our Castle Hills area home for a few more years. I work downtown, and right now my commute is about 10 miles - and around a 15 minute drive. My husband works 3 miles from our house. We can't rationalize adding another 30 minutes or so to both our drives, not knowing what gas prices will be like in 3 months, much less 3 years. I plan to get a Prius when I get my next car, but I plan to do that regardless of where we live.
We are anticipating a renewed interest in communities like ours in the next 5-10 years, which will hopefully increase our home value and allow us to making a killing in the real estate market, and let us move into a bigger home in the same area.
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05-15-2007, 10:00 PM
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Senior Member
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Join Date: Dec 2006
528 posts, read 581,153 times
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Robert, Alamo Heights is not what I would call the "burbs" yet it is not exactly cheap. Also what about rich people living in penthouse or lofts that are expensive in downtown.
I believe you are wrong. Places closer to major work centers will go up in price and the burbs will come be less appealing.
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05-15-2007, 11:07 PM
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Senior Member
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Join Date: Dec 2006
217 posts, read 193,670 times
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That whole Alamo Heights, Olmos, Terrell Hills, etc. area is an exception--a relatively small portion of the run-down inside of loop 410. And I thought that people on here were saying anyway that business development is occurring in the suburbs more than downtown anyway, so that would put the whole argument out the window I guess...
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05-15-2007, 11:11 PM
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Not a member
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Join Date: May 2006
Location: san antonio - 210
1,724 posts
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Quote:
Originally Posted by Robert123
That whole Alamo Heights, Olmos, Terrell Hills, etc. area is an exception--a relatively small portion of the run-down inside of loop 410. And I thought that people on here were saying anyway that business development is occurring in the suburbs more than downtown anyway, so that would put the whole argument out the window I guess...
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Inside of 410 isn't run down. What kind of nonsensical hyperbole is that?
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05-15-2007, 11:15 PM
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Senior Member
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Join Date: Apr 2007
479 posts, read 533,688 times
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we should push for better cheaper living downtown like austin
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05-15-2007, 11:18 PM
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Not a member
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Join Date: May 2006
Location: san antonio - 210
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Quote:
Originally Posted by adtobias
we should push for better cheaper living downtown like austin
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You might want to compare downtown housing costs. SA has cheaper housing. Heck, they're complaining up there about housing costs in their downtown being too high for the average person. The is plenty of cheap housing downtown.
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05-15-2007, 11:42 PM
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Senior Member
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Join Date: Apr 2007
479 posts, read 533,688 times
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only if you want to live in the sam shelter
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05-15-2007, 11:45 PM
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Not a member
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Join Date: May 2006
Location: san antonio - 210
1,724 posts
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Quote:
Originally Posted by adtobias
only if you want to live in the sam shelter
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Not a good attempt at comedy but I won't fault you. You can get a home downtown for 100,000-150,000 or a loft and condo for 150-200,000. That's very affordable and cheap.
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