Monday, June 16, 2008

Depreciating Suburban Housing, Pent-up Demand for Walkability

See http://www.cnn.com/2008/TECH/06/13/suburb.city/index.html for an article on the future of walkable urbanism.

"This trend, according to Christopher Leinberger, an urban planning professor at the University of Michigan and visiting fellow at the Brookings Institution, stems not only from changing demographics but also from a major shift in the way an increasing number of Americans -- especially younger generations -- want to live and work."

"The American dream is absolutely changing," he told CNN.

"This change can be witnessed in places like Atlanta, Georgia, Detroit, Michigan, and Dallas, Texas, said Leinberger, where once rundown downtowns are being revitalized by well-educated, young professionals who have no desire to live in a detached single family home typical of a suburbia where life is often centered around long commutes and cars."

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