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« Who owns a campaign? | Main | Not so flat after all »

Aug 02, 2008

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liv

Ha, other states complain, NC has been in this predicament since the early 80s. Mostly old furniture town, that haven't re-invented themselves yet.

RBM

Might the local power brokers feel there's no need for re-invention ?

jimcaserta

I think this will affect sub/exurb areas harder than in-town neighborhoods. We were looking at a neighborhood in N. Davidson cty, and there were probably 20-30 lots, 1 completed house for sale, 1 under construction, rest smooth clay. I doubt the one home will sell without a steep discount, because of the idea of living in a nearly undeveloped, but not natural, area. Whoever developed the lots will probably eat those costs. Those sub/exurb areas also get hurt with higher gas prices.

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