$4 gas vs. suburbs

Peter Viles over at LA Land also comments on the suburbia-oil nexus:

Consider the effect of $4 gas. A 110-mile round-trip commute gets very expensive in a hurry. Consider that fast-growing areas such as the Inland Empire have suddenly lost a major source of economic vitality: home-building and all the economic activity it creates and sustains.

But consider something bigger: the possibility that Americans are slowly deciding they don’t want to live in far-flung suburbs and exurbs any more.

See also:

+ Oil prices poised to cripple suburbs?