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?

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