Gas Prices and Real Estate - the simple correlation
Gas Prices and Real Estate - the simple correlation
Friday, April 20, 2012
Brandon Ware

I thought I would blog about this. Why not. Gas is expensive. Cars still aren't that fuel efficient and the prospect of a $40 tank of gas seems all but extinct. Perhaps our future will consist of hybrid vehicles that will be cost effective and aesthetically appealing, but until then, let's get serious. Gas is expensive. I spent $90 gassing up my car the other day and I drive minimal amounts in the city. I can't imagine the cost of gas if you commute to your job from the burbs to the core. I'm guessing $100+ a week on gas? I'd love to get some feedback on this.

 

Kudos to those of you that take the GO train, TTC or VIA rail. I'm sure you're somewhat less stressed out when you arrive to work, provided there are no delays.

 

My point on this rant above relates to the surge in demand for homes that are closer to work. There seems to be a shift in demand, a realization of the important things in life (friends, family, personal time) and how living closer to the job can result in more free time and a shorter commute. Unless you enjoy screaming at the guy you're tailgating, trying to prove a point by driving 3 inches from his bumper while talking on your cell phone with the music cranked and responding to work emails, you might want to consider how your life could change by living a bit closer to the office. 

 

 


 

 


 

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