The site Adapturbia also recently put together a nifty visual presentation of “The Death of Sprawl” that localized my content to provide context for sprawl issues confronting Sydney, Australia.
What’s important here is that the research and the real estate sales figures are becoming ever clearer: people increasingly prefer to live in mixed-use, transit-oriented walkable and bikeable neighborhoods over drive-everywhere bedroom communities. Those preferences will not change and we will not go back, which is affirmed by the abandoned exurban housing and development that are fast becoming the nation’s newest slums: for the first time in the nation’s history, suburban poverty now outweighs urban poverty.
One need only take a look at the foreclosure heavy areas such as California’s Inland Empire: my chapter provided a case study of Victorville, CA, one of the last gasps of the residential car-centered Boomburb economy of the 1990s and early 2000s.
Leinberger’s piece hit on the changing real estate taste in demographics (retired Boomers and upcoming Millennials) while my thesis examined how cheap energy fueled nearly 100% car-dependent exurban growth. We both concluded that denser, mixed-use metro areas are the wise investments of the future because: more people want to live that way so that is where investment will occur. Developers know that strip malls, sidewalk-less mini-mansions and business parks that cater to cars only are poison in this economy. Continue reading