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Old 05-09-2008, 09:40 AM
Markus Keller Markus Keller is offline
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Join Date: Feb 2008
Location: Chicago IL
Posts: 448
Re: Read This When You Have Time
I have to agree with the article. I've seen many of it's positions develop here over the last 5-10 years.
Setting aside the subprime BS for now, because it isn't adequately discussed most of the time anyway, (in my opinion).
One of the major trends around here has been the export of urban gangs and normally less financially stable people to the suburbs and outlying new developments.
As urban neighborhoods have gentrified, developers have come in and paid large prices to usually poorer people for their properties. These folks wanting the american dream just like anyone else take the large cash out and move to sleepy suburbs or outlying new developments that they normally could not afford.
Unfortunately, as I have seen on the street level, many of these areas are not prepared for this new demographic and the potential problems. Neighborhoods and sleepy suburbs that once had minimal problems are now faced with daily urban issues.
The trend exists and will most likely continue for a while. Urban areas are on a rebound. Drive time from the burbs to city jobs, urban renewal and travel costs have been some of the factors around here.
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