Re-emergence of the City? Or - Mass Immigration to it?

[cdc3217]

Originally Posted by BRU67

A lot of these folks are going from a 900 square foot SUV into a Pious after all.

Ha ha ha...a Pious!
That's the best typo I've seen in a while.

[MannheimMadman]

As I opened up dictionary

"Pious- Making a hypocritical display of virtue"

Best. Typo. Ever.

[BRU67]

LOL, probably more of a Freudian Slip actually My bad.

[Irishtom29]

Originally Posted by BRU67

LOL, probably more of a Freudian Slip

Like the guy that meant to ask his wife to pass the salt but actually said "you ruined my life!!" ?

[Avengerfire]

Some of you on here that like to crunch numbers know you get a tax break for buying hybrid right?

Hybrid Cars and Alternative Fuel Vehicles (http://www.irs.gov/newsroom/article/0,,id=157632,00.html - broken link)
2008 Model Year Hybrid Vehicles (http://www.irs.gov/irs/article/0,,id=176409,00.html - broken link)

http://www.hybridcars.com/local-ince...by-region.html

[valleys_of_hills]

Originally Posted by ManheimMadman

Unless gas hit $7 a gallon, I couldn't see suburban flight happening. Most parents want good suburban schools, lots of land, and dare I say it, racial homogeny. If indeed this sort of thing DID happen, what would happen to real estate? Would it pretty much send prices through the roof, as demand far outstrips supply? Would we turn into a NYC type of market where housing cost way too much?

If demand went up, supply would go up to compensate. Unlike Manhattan, Chicagoland is not surrounded by water.

[BRU67]

Originally Posted by Avengerfire

Some of you on here that like to crunch numbers know you get a tax break for buying hybrid right?

Hybrid Cars and Alternative Fuel Vehicles (http://www.irs.gov/newsroom/article/0,,id=157632,00.html - broken link)
2008 Model Year Hybrid Vehicles (http://www.irs.gov/irs/article/0,,id=176409,00.html - broken link)

Hybrid Incentives and Rebates - Region by Region | Hybrid Cars

That's becoming a thing of the past I'm afraid. The Federal incentive is already gone on the Pious. Down to $525 and gone in December on the Civic. We Americans no longer have to be incentivized to pay thousands to save hundreds

Tax credit running out for hybrids
Incentives phase out after 60,000 sold

By Martin Zimmerman | Chicago Tribune Newspapers
July 1, 2008

The U.S. government offers tax incentives that can save consumers thousands of dollars when they purchase a hybrid vehicle. But buyer beware: The three most popular hybrids sold in America either no longer qualify for the tax break or are about to see it reduced sharply.

On Tuesday, the tax credit on the No. 3-selling Honda Civic hybrid will be cut in half, to $525. It will disappear at the end of the year.

The credit on the Toyota Prius, once $3,150, and for the No. 2 Toyota Camry hybrid, vanished in the fall.

According to the 2005 federal law that established the credit, the tax break begins to phase out after a manufacturer sells 60,000 qualifying vehicles. Because of heavy demand for the Prius, Toyota reached that benchmark early in the program.

Honda also hit the limit last year, and the tax credit on the Civic hybrid began phasing out Jan. 1.

The Prius and Civic rank first and second in fuel economy among cars for sale, according to the government, with combined city-highway ratings of 46 m.p.g. and 42 m.p.g., respectively.

So far, the diminished tax breaks don't seem to be hurting sales of the Prius or the Civic.

"Maybe one in four of our customers even knows about the tax incentive," said Marc Canon, a spokesman for AutoNation Inc "Fuel economy is what's bringing them in."

"Many consumers don't do the math," said Eric Ibara, director of market valuation at Kelley Blue Book.

Tax credit running out for hybrids -- chicagotribune.com

[Nysee53]

I think that you will still see many people continue to move out of the city, but they will cling around in suburbs along CTA or Metra lines.