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It Has Begun: Suburbs Are Turning Into Slums
Wednesday, October 26, 2011 13:32
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It Has Begun: Suburbs Are Turning Into Slums
HERE Brian Merchant Urban Design October 25, 2011
The New York Times has a front-page report today about the ballooning poverty rate in suburbs, which has surged 53% since 2000. That’s compared with a 26% rise in cities. According to a new report from the Brookings Institution, 55% of the nation’s poor who live in metropolitan areas now reside in suburbs. The trend is driven by declining property values, spikes in foreclosures, and the increasing allure of the city to the affluent.
Full story HERE
What exactly has begun?