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: Chuck NewtonGas Prices Will Likely Change The Commercial Real Estate Landscape
By Chuck Newton
The selling point in real estate is still - location - location - location! The problem for many is that the definition of the right location is changing as gas prices skyrocket.
According to the Dallas Business Journal, companies (and that assumes law firms) will have to re-examine where they set up shop. For example, the Journal predicts that buildings on or near the Dallas Area Rapid Transit (DART) lines will thrive while out of the way locations will suffer.
Also, the article discusses workers moving in closer to work and avoiding the commute. I tend to believe the ultimate prize is is the ability to trade this for a carpet commute, with your main office in your own home..
Full post as published by Chuck Newton on July 07, 2008 (boomark / email).
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