Scorehead wrote:
Douchebag wrote:
Scorehead wrote:
Big cities are dying a slow death & are losing population & businesses to the suburbs.
Wrong.
http://online.wsj.com/news/articles/SB10001424052702304830704577493032619987956Did you read the article that you posted? You cant just ignore the long term recent trend of negative growth in urban areas. As the article states..."In the short term, however, most of this is a legacy of the recession and housing bust, said Kenneth Johnson, senior demographer at the Carsey Institute at the University of New Hampshire. "I suspect the modest growth of the urban cores is a short-term phenomenon," Mr. Johnson said.
Did you read the rest of the article? You picked out one quote that might support your argument, while ignoring a bunch of other items:
Quote:
According to Census data released Thursday, in 27 of the nation's 51 largest metropolitan areas, city centers grew faster than suburbs between July 2010 and July 2011. By contrast, from 2000 to 2010 only five metro areas saw their cores grow faster than the surrounding suburbs.
Quote:
Viewed as a whole, U.S. suburbs have grown faster than city centers in every decade since the 1920s, when rising automobile ownership inspired Americans to begin fleeing cramped city quarters for leafy suburbs, said William Frey, a demographer at the Brookings Institution. Urban population growth accelerated markedly at the end of the last decade, he added.
Quote:
Home builders are betting that there is a longer-term shift under way. Many builders that previously worked entirely on single-family homes in the suburbs have refocused to keep up with what they say is a change in demand. Three of the largest publicly traded U.S. home-building companies— Toll Brothers Inc., TOL -0.85% Lennar Corp. LEN -0.83% and Hovnanian Enterprises Inc. HOV -1.20% —have in recent years built mid-rise and high-rise condominium towers in urban areas such as New York City, Northern New Jersey, Philadelphia and Irvine, Calif., looking to capitalize on consumers' rising distaste for long commute times and interest in housing that is closer to cities' cultural and job centers.
Quote:
Few places have seen a more drastic shift than the nation's capital, which is in the midst of an apartment boom while suburb development has fallen below pre-recession levels. In 2011 building permits were issued for 4,285 units in Washington, more than one and a half times the total in any year during the real estate boom.From July 2010 to July 2011 Washington's population grew 2.4%, while its suburbs grew 1.5%.
Quote:
Stanley Sloter, president of Paradigm Development Co., has built thousands of rental apartments in Washington's suburbs but today is focused on developing in the city and nearby Arlington, Va. He says young, affluent renters are fed up with suburban traffic and are drawn to revitalizing downtowns. His company recently finished a 390-unit apartment building one mile north of the National Mall and later this year plans to start on another nearby.
"There's just a constant level of demand," he said of the city.
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Juice's Lecture Notes wrote:
I am not a legal expert, how many times do I have to say it?