1950 all over again, in reverse? Suburban flight back to the city
Will the suburbs of today be the ghettos of tomorrow as rows and rows of mostly identical homes that have remained vacant for months are subdivided into rooming houses? While current suburbia residents’ move closer to the city to save on fuel and to cut their commute time, less affluent people are moving to the suburbs where housing has become more affordable. The opposite is exactly what happened to the cities starting in the 50s as
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July 7th, 2008 at 9:43 am
I completely agree that we are seeing a influx in people coming back into the city. Rising fuel cost, coupled with superior services found inside the city, is really creating a draw.
You also have to think about the social science of people moving back into the city. Many of today’s new home buyers were raised in the ‘burbs’ and are looking to distance themselves from their family. What better way to tell your folks that you are diffrent from them buy moving back into the trendy city.