Cheap gasoline from the 1990s into this decade encouraged families to set up their homes farther from the cities where they worked. Summary: Gas goes up, famil

Cheap gasoline from the 1990s into this decade encouraged families to set up their homes farther from the cities where they worked. Summary: Gas goes up, families can't pay mortgage. Crude has now dropped to about $50 per gallon - I wonder what Hamilton's model predicts from that? (of course, the drop seems mostly due to reduced demand, so it won't stay there if economic conditions improve)