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?
PropertyGrunt has an excellent report on the effect of ChIndia on the real estate market, begun poignantly with a quote by Napoleon:
â€œChina is a sleeping giant. Let her lie and sleep, for when she awakens she will astonish the world.â€
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.