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The Slumburbs of Our Future [Demographics]
It is not hard to explain the prevailing demographic trends in America over the past decade or so: the inflating bubble caused Americans to rush further and further out into the far-flung suburbs in order to purchase homes, to live the American dream; construction and lending skyrocketed along the way; when the bubble burst, our nation was left with millions of homeowners stranded far, far out in the lonely exurbs, with homes they can’t really afford, as the wealthy flee back into the cities. And now, we simply wait for the Slumburbs to flower, in all of their awful glory. More »