Kolko adds that high gasoline prices would especially dissuade home buyers from purchasing in outer suburban areas, where commutes are longer.
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2.
Stressing that Sir Allen had not been arrested, Mr Kolko said he did not know if he had actually surrendered his passport.
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3.
In their paper Consumer City, Ed Glaeser, Jed Kolko, and Albert Saiz argue that cities lost their manufacturing bases when they lost the transportation cost advantage.
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