New Lifestyles Threaten Suburban Developments
Suburban housing developments throughout the US have been hit hard by the recent subprime crisis, leaving many homes abandoned due to an ultimate rise in foreclosures. Now, experts are beginning to wonder if these once desired developments will become America’s future slums. However, if this trend continues, the subprime crisis may not be the only culprit. In fact, there is also evidence that people are leaving the suburbs for neighborhoods closer to schools, work and other services, realizing that walkable communities offer a new lifestyle in a changing society. Read more.