In many, many ways. My prediction is that telecommuting and higher-density developments will become much more prominent in the next five to ten years, due the forces of economics and necessity. What incentive will people have to commute great distances for their jobs?
QandO reports this morning that high fuel prices are here to stay (archived: 2014).
Counties are feeling the effects on their developments.
PropertyGrunt has an excellent report on the effect of ChIndia on the real estate market, begun poignantly with a quote by Napoleon:
“China is a sleeping giant. Let her lie and sleep, for when she awakens she will astonish the world.”
For some perspective on gas prices, check out this graphic –
Courtesy of the WSJ.
Finally, for a related (albeit time-consuming) read, check out this discussion on Adequate Public Facilities Ordinances and unintended consequences.
Interested in Learning More?
I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
Dig Deeper
Always Read Covenants and Restrictions
You never know what you're going to find when you dig into Covenants and Restrictions. "1. No shop, store, trailer, temporary living structure, factory, hospital, asylum, institution, tourist home or business house of any kind, and no apartment house shall be erected or maintained on…
Revisiting the “0 to 5 Buyer is Gone” Post – 15 years later
Revisiting the “0-5 Buyer Is Gone” Theory We’re in a different market now. Some of the people who bought between 2021 and 2024 are trying to sell — and the ones who bought new construction, now competing against new construction, are having a hard time.…
A Charlottesville e-bike Success Story
I have an e-bike. I love my e-bike. I ride it to meetings all over the City of Charlottesville instead of driving my car. e-bikes are great. A friend got an e-bike. He loves his e-bike. He has a different perspective, and I asked him…
Flipping the Switch, Part 3: ADUs, Zoning, and the Practical Guide
Flipping the Switch, Part 3: ADUs, Zoning, and the Practical Guide Part 1 covered the data. Part 2 covered the design. This week: the regulatory landscape, the ADU reality check, and the practical checklist. The ADU Conversation Has Changed When I wrote about this in…