Quote:
Originally Posted by NativeAtlantan
You either can only take one of two sides here:
1) Higher gas prices result in more intown growth
2) Higher gas prices result in reduced intown growth (population decline if growth under stable-gas-price scenario equals zero)
There's no in-between or 3rd choice, it's you either believe #1 or you believe #2, because any "scientist" would agree that there will be some impact, one way or the other.
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NativeAtlantan, there is a third choice, and that is that gas prices (in metro Atlanta) will not have much effect on intown growth. I
DO believe there will be continued intown growth, for reasons such as those mentioned by BabydaddyATL, but it's not at all clear that this relates to gasoline prices.
IF high-paying jobs were predominantly intown, and IF they were migrating intown, then yes, I'd say the price of gas is likely to eventually influence people to move closer to work.
That’s not the case here. In Atlanta, the high-paying jobs are not predominately intown and the trend -- even despite significant rises in gas prices in recent years -- has been for them to continue moving out of town. If there is a significant effect from gas prices, and if that effect is to make people want to live closer to work, school and shopping, isn’t it just as likely that higher gas prices will pull people closer to these suburban centers rather than moving into the Atlanta city limits? (If you have data to the contrary it would be interesting to see it).
As I've said (and as BabydaddyATL points out), where people choose to live is an extremely complex decision, based on many variables, not all of which are economic. For one thing, the higher cost of housing intown far outweighs the price of gas. You've also got issues regarding schools, which are about as near and dear to people as you can get. There are issues of taxation and perceptions regarding crime. A lot of people just think intown living is "too crowded," (whatever that means). And, I am sorry to say, race is still an issue -- Atlanta continues to have an extremely high level of residential segregation.
Do gas prices figure into where people decide to live? Sure, I’ve said that from the beginning. In a place like Atlanta, however -- where the largest employment centers, the largest shopping areas, lower housing costs, lower taxes and the bulk of the best schools are located outside the city – do gas prices translate into a movement into the city limits?
In my opinion – and I will readily admit it’s only my opinion -- the effect of gas prices on the choice of where to live is moderated and/or offset by a number of other factors of much greater importance.