This link has been bookmarked by 1 people . It was first bookmarked on 09 Jul 2008, by Wisely.
-
09 Jul 08
Wisely"Today suburban neighborhoods are emptying out. The sub-prime mortgage crisis was only the straw that finally broke the camel's back. Residential developments that were built on an assumption of cheap personal transportation are doomed."
-
We believe there will be a resurrection of central cities - if they're willing to make major investments in infrastructure
-
Coastal metropolises will thrive. Midwestern second-tier cities are in deep trouble.
-
Survivor cities will attract two groups: young singles and older empty nesters. Areas with good colleges or universities will be in special demand.
-
The bad news: the suburbs. Empty, empty, empty. People can no longer live there and work somewhere else.
-
we still believe there will be tremendous growth in what are called "exurban" areas.
-
The limits to development are energy (at an affordable cost); water (watch this one carefully), and environmental quality.
-
Our picture of the future includes vibrant city centers, empty and decaying fringes, open areas, and then a network of thriving rural "islands."
-
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.