“Suburbia R.I.P.”

That suburbia is dying probably isn’t news either. Anyone following the real estate collapse knows that the suburbs are suffering.

Here’s a paragraph from “Suburbia R.I.P.”:

The suburb has been a costly experiment. Thirty-five percent of the nation’s wealth has been invested in building a drivable suburban landscape, according to Christopher Leinberger, an urban planning professor at the University of Michigan and visiting fellow at the Brookings Institution. James Howard Kunstler, author of The Geography of Nowhere, has been saying for years that we can no longer afford suburbs. “If Americans think they’ve been grifted by Goldman Sachs and Bernie Madoff, wait until they find out what a swindle the so-called ‘American Dream’ of suburban life turns out to be,” he wrote on his blog this week.

Kunstler expected energy prices to play a bigger factor in the shift back to cities, but I’m sure the financial crises and the still looming energy problems will merge soon enough.

Just more good news as usual.

Cassandra

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