Seeing A Hopeful Change In Baltimore City

25 March 2005 - 10:00am

While the gap between flourishing and decaying areas is growing, there are signs of a turnaround in Baltimore City.

"Baltimore City has some of the region's fastest-appreciating enclaves. It also has the slowest. And the gap between flourishing and decaying areas is widening. But at the same time, far more neighborhoods are improving than once did. Since 2002, according to MRIS, the average price of a home in Baltimore has risen faster than in its suburbs - at a time when the number of city home sales jumped by a fifth."

Source: The Baltimore Sun, March 22, 2005
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At a much larger economic scale, however, one mustn’t avoid calculating the tremendous and exceptional externalities of automobile dependency.