Will Rising Gas Prices Benefit Real Estate in Westwood?

Over at my other blog, DaveWrites, I comment on several news articles I've read recently about how high gas prices are making suburbia unaffordable. I don't think Westwood is true suburbia--we are a New England town--but I'd be curious if others share my sense that we have almost the best of both worlds living here. I think that as people realize living out past 495 is not tenable, they will want to move to towns like Westwood even more.

That's why we chose Westwood

I certainly hope that you're right. It's certainly the reason my wife and I chose to live here. In Islington, you don't really need a car at all. You can walk to the train stop, grocery store, and drug store. The only real effect of high oil prices comes from heating costs--the houses tend to be all oil heat in my neighborhood. A car still really helps, though, especially for bigger ticket items and clothing.

I think it's an often unmentioned benefit of the proposed Westwood Station that a great deal of shopping will be available a lot closer. Hopefully there will be some shops that I otherwise might make a long drive to Framingham or a frustrating drive to Dedham for.

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