High gasoline prices aren’t just raising the cost of Eugene Marino’s 120-mile round-trip to his job in the Washington area. They’re reducing his wealth, too.
House prices in his rural subdivision beyond the Blue Ridge Mountains in Charles Town, W.Va., have plunged as commuting expenses have soared. A four-bedroom home down the street from his is listed for $239,000, after selling new for $360,000 five years ago.
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