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Page added on April 8, 2006

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Rural Housing Prices

But it brings up a larger point. I know many of our readers either live in or have moved to rural areas because they feel they’ll be more survivable post-peak. I’ve been concerned that rural areas will actually take the biggest hit from peak oil, because of their high gasoline dependence. This story seems to suggest that the combination of peak oil and housing bubble can be really bad for at least this one area.
The Oil Drum



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