HT: Downtown Cliff
Wednesday, June 18, 2008
Suburban Decay and the "Beginning of the End of Sprawl"
New Urbanism spurred by empty-nest baby-boomers and "millennials" causing market shifts away from surburbia. "McMansions will become the new multi-family home for the poor" because cities are becoming less affordable. Cities that keep up with the urban trends are investing in better public transportation, which often includes multi-family mixed use next to transit stations. Welcome to the rebirth of the street car neighborhood?
Posted by S-townMike at 6/18/2008 07:02:00 AM
Labels: Economic Status, Suburbia, Urbanism
Subscribe to: Post Comments (Atom)
Post a Comment