Far-flung suburbs are back in favor

Started by finehoe, March 27, 2015, 04:06:45 PM

finehoe

During the housing bubble, Americans moved in droves to the exurbs, to newly paved subdivisions on what was once rural land. Far-out suburbs had some of the fastest population growth in the country in the early 2000s, fueled by cheap housing and easy mortgages. And these places helped redefine how we think about metropolitan areas, pushing their edges farther and farther from the traditional downtown.

In the wake of the housing crash, these same places took the biggest hit. Population growth in the exurbs stalled. They produced a new American phenomenon: the ghost subdivision of developments abandoned during the housing collapse before anyone got around to finishing the roads or sidewalks.

These scenes and demographic trends left the impression that maybe Americans had changed their minds about exurban living. New Census data, though, suggests that eight years after the housing crash, Americans are starting to move back there again.

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/03/26/new-census-data-americans-are-returning-to-the-far-flung-suburbs/