The death of the American suburbs

Discussion in 'Current Events' started by coolgeee, Aug 6, 2008.

  1. coolgeee
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    coolgeee Member

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    At first everything looks reassuringly normal. After all, aren't peace, quiet and order what suburban America is supposed to be all about? But then you notice them – the weeds sprouting in once-mulched flowerbeds, the lawns that haven't been mown in this most lawn-conscious of universes, and the blue plastic key boxes for agents showing the house to allow themselves and their clients in. And then there are the For Sale signs, two three or four on every block, some with the dreaded word, "foreclosure", appended.

    Is this the second swindle in U.S. History? Will this be the great transfer of wealth these elitists seek?


    ________________________________

    The ominous sound of jingle mail: The death of the American suburbs
    comments welcomed
     
  2. sealybobo
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    sealybobo Diamond Member

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    what's the first?
     
  3. Epsilon Delta
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    Epsilon Delta Jedi Master

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    About time people started moving back to the cities, where the REAL party is.


    AOSdiHPSDOIAHSdPODSiHDSpOAIsdhpdsoi. JK.
     
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  4. Ravi
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    Ravi Diamond Member

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    Yeah, the burbs are overrated. I'd rather be in the city or in the country...half measures are booooring.
     
  5. BaronVonBigmeat
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    BaronVonBigmeat Senior Member

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    The buildout of suburbia, encouraged and/or mandated by government rules/regulations/subsidies, has been one of the biggest misallocations of resources in human history.

    If you want to know what development will look like in the future, look at towns built before WWII. Or, look here.
     
  6. Tristan
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    Tristan Member

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    Pity the poor burbs.

    That's some nice compassion there Lou.

    But who shall weep for the 97% of American homes not in foreclosure? Poor pitiless bastards! :confused:

    Won't someone say a prayer for the forgotten most? :razz:


    :cuckoo: ROTFLMAO
     
  7. editec
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    editec Mr. Forgot-it-All

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    When we were a more energy affluent people suburban life made sense.

    Times they are a changing, folks.
     
  8. Jeepers
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    Jeepers Senior Member

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    You mean the 97% whose property values are tanking....


    luckily I'm still equity positive...
     
  9. editec
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    editec Mr. Forgot-it-All

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    I like to think of it as real estate prices being half full.

    There now ...isn't that comforting?
     
  10. Tech_Esq
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    Tech_Esq Sic Semper Tyrannis!

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    Well, gee, since I owned a home for 11 years in Dale City in the "P"s off of Princedale right across from Queensdale and I remember when Hylton built those homes, I think I'm uniquely qualified to comment on this topic.

    I still live in the same county, though on the other end. Ok, here's the deal, Hylton homes are "cheap" not cheap as in inexpensive, cheap as in of poor quality. Everyone knows it, but if you need a starter house in this area, you ain't buying in McLean. I purchased my "starter" Hylton home when I was 27 in the early 1990s. Although it was a good long way from DC, we felt lucky to have it. Within 2 years the RE market crashed. For the following 6 years my house wasn't worth what I paid for it. (So, you see this isn't the first time for Dale City, which has been around since 1969). In this latest run up the price on my Dale City house got to a point where I said, we better sell it, cuz it just isn't worth this much money and we better get while the gettin's good. We sold it for over $100k more than we paid for it.

    Back in the bad old days (the mid-1990s) the two houses to the left us, the house to the right of us and the house behind us were walked away from and the banks owned them. So, a couple of houses on one court is nothing. Remember, we are also kicking out all our illegals so that has also impacted housing inventories.

    IMHO, this article is just a shovel full of coal in the hysteria furnace that is the housing "crisis"
     

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