Wednesday, March 19, 2008

The suburbs are going to be America's next slums?

The sub prime mortgage crisis is causing many homes in tidy little suburbs to be foreclosed. Vacant homes have become the target of vandalism and others are occupied by shady renters. According to this article a structural change is underway in the housing market. Trends are shifting and people are moving back to the cities from the suburbs. Will these people move into sustainable neighborhoods????

Check out this link for more information
http://www.theatlantic.com/doc/200803/subprime

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