Slums in the Suburbs
The Inner “City” No Longer
People love to talk about urban revitalization in all its glory and pain. But what about the flip side of that: What is happening with the American experiment of suburbia?
Potential Slum of the Future?
In this extremely interesting-somewhat frightful, yet at moments hopeful-analysis of what is actually happening in our housing market, Christopher B. Leinberger outlines how it will effect American culture for years to come. “The subprime crisis is just the tip of the iceberg. Fundamental changes in American life may turn today’s McMansions into tomorrow’s tenements.”
While sustainable urban development is certainly something we are concerned with, as the rest of the nation should be, simple questions should be asked about the realities of this transition. Who are the winners and losers of this new urban renaissance?
