Another red rural loss of high gas prices: Lower housing prices of rural houses

Too bad there is rarely, if ever, any good news for the red rural states who follow the Republican's suicidal policies. In another round of losses for the republican strongholds in the red rural states, housing prices of rural states are declining because they are located too far out of nowhere. This becomes very unattractive to prospective buyers when gas prices are at record highs with no relief in sight.

Another nail in Steve Sailer's coffin theory that red rural states and Republican policies provide an affordable family foundation.

Cost of gas is influencing housing purchases
Urban, homes near commute options holding value better than suburbs

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Stroud's choice represents a fundamental shift in the way more Americans are approaching home buying in this era of ballooning gas prices. Real estate agents, transportation officials and industry surveys indicate that home buyers are placing more importance on cutting their gas bills and commute times than they have since the oil shocks of the 1970s.

And there are some early indications that homes near urban centers, and subway, train and bus stops are often selling faster and at better prices than those in the distant suburbs.

On Wednesday, a survey of 900 Coldwell Banker agents showed a remarkable 96 percent said that rising gas prices were a concern to their clients, and 78 percent said higher fuel costs are increasing their desire for city living.

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