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Old 04-13-2005 | 05:53 AM
  #10  
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DougMD
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Joined: Feb 2003
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From: Gambrills Md US
Default RE: WV Turkey season

Rem1100,

Good points. Personally, I benefit from Corridor H to get to my place in Grant County (I can't wait until the Wardensville to Baker section opens), but see how the real estate boom can impact the locals. Those with land have seen their equity skyrocket over the past few years, while those without land are getting priced out of the market. Businesses should fare better with more people (sales) coming to the area, but the average guy will likely be worse off if his pay doesn't keep pace with the price of housing.

That being said, bear in mind that it isn't all due to Corridor H. Home prices around DC have gone up about 100% over the past 4 years. Many people who didn't already own a home and benefit when its value rose had to move elsewhere where the pay for their job is enough to afford a house there. It has as much to do with low interest rates and a general real estate boom as it does with Corridor H, but the highway definately contributes quite a bit to the increase in land values.
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