There has been much discussion in the past several days and weeks about the future direction of Albemarle County’s growth. The decisions about to be taken by the BoS may have a profound impact not only on the Albemarle County real estate market, but that of the surrounding counties as well.
If Albemarle becomes more of a no-growth zone and CharlAlbemarle remains the employment hub of the region, house prices will be impacted, roads will be impacted and discretionary income will as well, due in no small part to rising fuel prices.
If the BoS does in fact make building in the growth area easier/more streamlined and restricts building in the rural area, we will see different patterns of development than we have seen for the past several years. These very local decisions will have regional implications.
Fascinating Podcast – if you do nothing else, take the time to listen to this.