Great articles from the Atlantic Monthly and The Guardian. Fascinating stuff. The AM article especially will feed that growing paranoia. Pair it with the article about the epic and global shift to city living for a lovely, thought provoking reading experience. My, this wine does go well with the chicken!
"At Windy Ridge, a recently built starter-home development seven miles northwest of Charlotte, North Carolina, 81 of the community’s 132 small, vinyl-sided houses were in foreclosure as of late last year. Vandals have kicked in doors and stripped the copper wire from vacant houses; drug users and homeless people have furtively moved in....
At the height of the boom, 10,000 new homes were built there in just four years. Now many are empty; renters of dubious character occupy others. Graffiti, broken windows, and other markers of decay have multiplied. Susan McDonald, president of the local residents’ association and an executive at a local bank, told the Associated Press, “There’s been gang activity. Things have really been changing, the last few years.” ...
If gasoline and heating costs continue to rise, conventional suburban living may not be much of a bargain in the future. And as more Americans, particularly affluent Americans, move into urban communities, families may find that some of the suburbs’ other big advantages—better schools and safer communities—have eroded. Schooling and safety are likely to improve in urban areas, as those areas continue to gentrify; they may worsen in many suburbs if the tax base—often highly dependent on house values and new development—deteriorates. Many of the fringe counties in the Washington, D.C., metropolitan area, for instance, are projecting big budget deficits in 2008. Only Washington itself is expecting a large surplus. Fifteen years ago, this budget situation was reversed. " LINK to Atlantic Montly article
"The world is changing faster now than ever before. The dispossessed, and the ambitious are flooding into cities swollen out of all recognition. Poor cities are struggling to cope. Rich cities are reconfiguring themselves at breakneck speed. ...
The fastest-growing cities are all well outside the comfort zone of the Western world. Lagos, the fastest growing of them all, is adding 58 people every hour; Mumbai is growing by 42 every hour.
A score of cities including Los Angeles, Shanghai and Mexico City, which were still tiny in the 19th century, have all passed the once unimaginable 18 million mark. That puts them well ahead of all but eight of the 27 nations of the European Union..." LINK to Guardian article
The decline of the suburbs- the new slums?
Labels:
doom,
housing bubble,
suburbs,
urban planning,
US economy,
USA
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