The Decline Of Suburbia?
Experts Predict Exodus From Far-Flung Neighborhoods Back To Urban Living
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What Happened To Suburbia?
Many of this nation's suburban neighborhoods are facing a state of decline due to rapidly rising gas prices and a troubled housing market. Ben Tracy reports on the potential end of America's utopia.
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It sounds hard to believe, but some experts are now predicting that this could be the beginning of the end of suburbia. (CBS)
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"I mean I think it's everybody's dream to own a home and then have their kids grow up in their home, you know, like they used to so many years ago," Nichole says.
Sixty years ago, cheap gas and new highways helped fuel suburbia's rapid rise, creating a new American utopia. But as CBS News correspondent Ben Tracy reports, the triple threat of falling home values, empty nesters returning to the city and sky-high gas prices is driving suburbia to the brink.
Some developments are left half built while other homes look abandoned. Demand for suburban housing is dropping so fast that a recent study predicts that by 2025 there will be a surplus of 22 million large-lot homes in suburban areas.
Nichole can't afford the $800 in gas she burned each month commuting to her job, so she's selling her house for less than half what she paid for it.
It sounds hard to believe, but some experts are now predicting that this could be the beginning of the end of suburbia -- that far-flung neighborhoods could be tomorrow's slums.
Author James Howard Kunstler has been predicting the decline of the suburbs for more than 15 years.
"I think the project of suburbia is over," he says.
Kunstler says housing far away from job centers won't survive.
"We've put so much of our national wealth and even identity into the idea of suburbia that we can't imagine having to let go of it or substantially change it," he says.
But change is building in Sacramento. The region adopted a back to the future approach known as "smart growth": high-density development in walkable neighborhoods near job centers and transit.
In the past three years, projects with apartments, condos and town homes increased 533 percent, while the number of subdivisions with large homes dropped 21 percent.
"The rapid rise in gas prices over the last six months has made that general direction this region has decided to go look like an especially good decision," says Mike McKeever of the Sacramento Area Council of Governments.
McKeever doesn't believe suburbs will disappear overnight, but says buying on the far edges of a region is now an economic gamble.
"That's a risky bet. It might pay off but it's a risky bet," he says.
Nichole Cinaglia plans to rent near her job. But she still thinks about the life she used to have.
"I don't miss the commute, but I miss the idea," she says. "I miss that it was mine."
A dream abandoned miles away now is beginning to fade.
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See all 118 CommentsYou must be talking about moving closer to Walmart...lol
You''re joking, right?...lol
http://www.remoteofficecenters.com
Moving everyone back to the city is not a viable option for most of America. Rather than move people to the workplace, it makes more sense to move the workplace to the people. Many people can work remotely as long as they have decent facilities available to them. Not everyone can work remotely, but those who can not, will benefit from less people on the road and by lower demand for fuel because of all the remote workers.
This recession and mortgage crisis is the failed policies of the Republicons, Bush/McCain Administration.
So zoe, one can assume that you would attach just as much blame to the tech bubble bursting and the recession of 2000 on the failded policies of Clinton/gore right?
No, I did not think so. I entertain reading your post outlining specific, and I mean specifc actions that Bush took solely on his own that has caused what is historically a cyclical event.
BTW, did you hear that the value of farmland has increased more since 2000, than in any other time in history? In fact where I live it is almost double what it was 8 years ago. Wonder why that is?
We were warned of this from the forefathers and you didn''t listen. The Government has robbed you and yet you say nothing of them and you vote the very people in that are against you. You should read
www.lewrockwell.com this site will show you why your wealth is going to the dogs.
You wealth in paper dollars is a lie and the tax on a tax called inflation is eating your wealth.
you can blame the politicians but i assure you that your to blame cause you voted them in and wont look at the truth
YOU LIBERAL PUKES MAKE ME SICK! Go cry a river! America will always survive!
YOu Southern Nazis make US libs sick. YOu are all the scum of America, so get the heck out of our country, or DIE!
YOu Southern Nazis make US libs sick. YOu are all the scum of America, so get the heck out of our country, or DIE!
Why do you spastic libs think that all Republicans reside in the south. It was the southern DEMOCRATS that were against the civil rights act of 1965, lead by a certain Tennesee senator with the last name of Gore.
DIE, wow that is so tollerant of you. LOL
Yeah, people will be waiting in line to get back in the ghetto.
All signs of overpopulation. Too many breeders out there.
Posted by cbsfan73 at 08:36 PM : Aug 07, 2008
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I believe they are called ''useless eaters''.
If you predict something long enough, you will eventually get it right.
Good, we can tear them down and plant trees.
Who gets to eat that loss?
yeah, well people are still going to want a yard, a fence, and an outdoor barbque and will be willing to drive 15-20 miles to have it.
GET MAD!
WHEN YOU SUPPORT YOUR FELLOW ''COMMON AMERICAN'' YOU TAKE BACK AMERICA!
"yeah, well people are still going to want a yard, a fence, and an outdoor barbque and will be willing to drive 15-20 miles to have it."
If fuel gets expensive enough, the reality of what people can have will supersede what people want to have. I want a private jet. Unfortunately, I have a cash flow problem that supersedes that.
Doesn''t the wealth of the natural land belong to all of us and our prosperity?
Henry proved that you can "fool" the American public twice!
Posted by jchapline
A thoughtful post. Maybe the decentralization of stores will take place. I still remember when my little town had everything you needed. Then the Big Box stores in a nearby town made it cheaper to drive further to save a little. Now gas prices may make the family stores come back to small towns and suburban areas. These would bring new jobs where profits stayed home. Maybe local cottage industries will come back.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
What is "normal" and healthy is and always has been dense locals, which foster true community, not these boxes made of ticky-tacky that consume vast resources.
There is always a simple solution to seemingly complex problems. As our great christian avatar once professed the answer to the worlds problems lies in understanding and implementing the spirit of brotherhood.
...Support your local brothers and sisters and support "Cottage Industry".
Posted by middlecrank at 09:10 PM : Aug 07, 2008
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Yup beware of the lag!
"There is always a simple solution to seemingly complex problems."
Ok, say the problem is setting up a manned mission to the moon. What''s your simple solution to this complex problem? I''m betting there isn''t always a simple solution to a seemingly complex problem.
Posted by deacon20081 at 09:23 PM : Aug 07, 2008
Sure is, we''re on the long and sad road to Socialism I fear.
France has done so much right in the last 30 years. Nevertheless, our solution should be to go with alternative energy along with nuclear.
All forms of energy can be used to create hydrogen fuel (thanks to MIT just recently, the conversion ratios are going to be MUCH higher than they were previously). So, fuel shouldn''t be a problem in the future. Don''t sell that house in the suburbs just yet! In the nearterm, its definitely a problem. Until we get an energy policy in this nation that involves more than a chant of ''drill, drill, drill'', we''ll be selling ourselves short. (sorry, there''s only 20-30 years worth of oil left in the whole world. Its time to move on).
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