Suburbs

Market Surge Confirms Preference for Homeowning

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Ever since the housing bubble burst in 2007, retro-urbanists, such as Richard Florida, have taken aim at homeownership itself, and its "long-privileged place" at the center of the U.S. economy. If anything, he suggested, the government would be better off encouraging "renting, not buying."  read more »

Addressing Housing Affordability Using Cooperatives

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Our country is six years into the Great Recession, the biggest economic downturn since the Great Depression. It’s been replete with reports of home foreclosures, collapsing commuter towns, and young people struggling to become home owners. The term “generation rent” is often used in the media to describe the struggles of aspiring young people.    read more »

Driving Trends in Context

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There are grains of reality, misreporting and exaggeration in the press treatment of a report on driving trends by USPIRG. The report generated the usual press reports suggesting that the millennial generation (ages 16 to 35) is driving less, moving to urban cores, and that with a decline in driving per capita, people are switching to transit.  read more »

Texas Suburbs Lead Population Growth

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The US Census Bureau has reported that eight of the fifteen 2011-2012 fastest-growing municipalities with at least 50,000 population were in Texas. Three of them were in the Austin metropolitan area. San Marcos, south of Austin, grew the fastest in the nation at 4.9 percent. Cedar Park, located in Austin's northern suburbs, ranked fourth in growth at 4.7 percent while Georgetown, also north of Austin grew 4.2 percent and ranked seventh.  read more »

Poverty and Growth: Retro-Urbanists Cling to the Myth of Suburban Decline

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In the wake of the post-2008 housing bust, suburbia has become associated with many of the same ills long associated with cities, as our urban-based press corps and cultural elite cheerfully sneer at each new sign of decline.  read more »

Housing Market Fringe Movement

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A year or two ago, pundits and planners, in California and elsewhere, proclaimed – and largely celebrated – the demise of suburbia. They were particularly heartened by a report, financed by portions of the real estate industry, that predicted the market for single-family homes in the state was hopelessly flooded, with a supply overhang of up to 25 years.  read more »

Millennial Lifestyles Will Remake American Homes

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As Millennials, America’s largest generation, enter their thirties in ever greater numbers, their beliefs about how and where to raise a family will have a major impact on the nation’s housing market. This follows as their media and political preferences have helped shape how we entertain ourselves and who is the president of the United States.   A 2012 survey indicated that seventy percent of Millennials would prefer to own a home in the suburbs if they can “afford it and maintain their lifestyle.” Now a new survey of 1000 18-35 year olds conducted for Better Homes and Garden Real Estate (BHGRE) by Wakefield Research provides a much more detailed picture of the type of home Millennials believe best fits their needs and desires.    read more »

The Triumph of Suburbia

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The “silver lining” in our five-years-and-running Great Recession, we’re told, is that Americans have finally taken heed of their betters and are finally rejecting the empty allure of suburban space and returning to the urban core.  read more »

Job Dispersion in Major US Metropolitan Areas: 1960-2010

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The continuing dispersion of employment in the nation's major metropolitan areas has received attention in two recent reports. The Brookings Institution has published research showing that employment dispersion continued between 2000 and 2010, finding job growth was greater outside a three mile radius from central business districts between 2000 and 2010 in 100 metropolitan areas Note 1).  read more »

US Suburbs Approaching Jobs-Housing Balance

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Suburban areas in the US metropolitan areas with more than 1 million total regional population, once largely seen as bedroom communities, are nearing parity between jobs and resident employees. The jobs housing balance, which measures the number of jobs per resident employee in a geographical area has reached 0.89 (jobs per resident workers) in these 51 major metropolitan areas, according to data in the 2011 one-year American Community Survey.  read more »