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Old 06-10-2011, 08:41 AM
 
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That makes sense, aries4118, but I don't know if the outer counties would follow your theory as most everyone was caught up in growth in 90-00s before the crash.

I am not so sure about the "Ring of Death" theory. I think we will wait and see. As the piece points out it applies more to new home building, than it does for the resale values of these homes.

The recovery of housing prices is definitely very uneven. With some exceptions in intown areas, if the areas in question have decent public schools, then most of the housing resale prices definitely stabilized at least short term.
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Old 06-10-2011, 10:24 AM
 
16,664 posts, read 29,413,176 times
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Originally Posted by SW30303 View Post
That makes sense, aries4118, but I don't know if the outer counties would follow your theory as most everyone was caught up in growth in 90-00s before the crash.

I am not so sure about the "Ring of Death" theory. I think we will wait and see. As the piece points out it applies more to new home building, than it does for the resale values of these homes.

The recovery of housing prices is definitely very uneven. With some exceptions in intown areas, if the areas in question have decent public schools, then most of the housing resale prices definitely stabilized at least short term.
My overall point is that these areas have neighborhoods that are unfinished or just started. The strategy should be to let all/any new homes that are to be built happen only in the unfinished/just started neighborhoods (where the streets are already laid)--over the next several years/few decades. No other new neighborhoods should be started--at all. All other proposed neighborhoods or early clearing would revert to parkland, conservation land, private/municipal ownership, etc.

To clarify further--the outer counties would basically still look the same as they do now in the coming decades. The only difference is that the unfinished neighborhoods would become "finished" over time/organically. The semi-rural suburban character would be preserved--as well as promoted. It could become a "metropolitan asset" for those that want this lifestyle. Moreover, the town centers in the outer counties (think Canton, Emerson, Dallas, Covington, Locust Grove, etc.) may densify further--especially if a commuter rail system is implemented.

You're right--the outer counties were caught up in the 90-00s growth before the crash, but they never got as intensely developed as most of Cobb, most of North Fulton, or most of Gwinnett.

Last edited by aries4118; 06-10-2011 at 10:44 AM..
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