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White flight? In a reversal, America's suburbs are now more likely to be home to minorities, the poor and a rapidly growing older population as many younger, educated whites move to cities for jobs and shorter commutes.
It's only the beginning of the coming vicious circle. Just wait until suburban communities have to raise taxes to make up for the shortage of resident taxpayers.
It's not new, it's because they're young, like me
After that, they will come back to suburbs to raise their families.
normal trends.
exactly. The suburbs will never die. They're part of the American dream. Idk why ppl on this site hate them so much. They're part of what makes America, America.
It's not new, it's because they're young, like me After that, they will come back to suburbs to raise their families.
normal trends.
Or you might see a slowly but continuing trend of charter schools forming in urban areas. You see evidence of this in cities across the country with very good results. So, you might see more young families stay in urban neighborhoods with a high quality of life and educating their children there through charter or private schools.
Or you might see a slowly but continuing trend of charter schools forming in urban areas. You see evidence of this in cities across the country with very good results. So, you might see more young families stay in urban neighborhoods with a high quality of life and educating their children there through charter or private schools.
A dumb analysis...
Where are the high-income jobs located?
How costly is housing in city vs suburbs?
Aside from a few hedge fund jobs in Manhattan or SF, nearly all yuppie jobs are in distant suburbs, sort of like SiliconValley's Apple, Google, VCs, etc...or Greenwich's hedge funds...or Dallas' suburban-HQ'd Exxon
In NYC or SF, city housing costs and private school costs vastly exceed costs of elite suburbs, so "big" cities are essentially for a few 1000 affluent yuppies or wealthy families and a few million poor slum dwellers
And choosing to reside in any city often entails a 35+mi, 35+min drive out to one's job in suburban SiliconValley, etc if one chooses not to reside in suburbs nr one's suburban office
This is exacly what we studied in my Urban Theory class.
It's part of a larger trend. Home sales are way down, but condo sales are way up. People of my generation (millenials, gen-y...whatever we're called) want an urban lifstyle. Walking, public xportation, restaurants, culture and people at your fingertips.
Think of the internet as an extension of the proverbial city. What is a city, other than the world at one's fingertips? And we are the first tech savvy generation.
We see the debt incurred by our parents and grandparents who own larger and larger homes, cars, the cost of travel (gas), lack of culture and density. The only place that offers a solution to the those problems is a city. There are innummerable interviews done with people of my generation who state a lack of desire in the same thing their parents have. Owning a car, a large suburban home, isn't necessarily something atop their list.
My generation will redefine the American dream. And that is for us to decide not the current "in charge" generations.
Aside from a few hedge fund jobs in Manhattan or SF, nearly all yuppie jobs are in distant suburbs, sort of like SiliconValley's Apple, Google, VCs, etc...or Greenwich's hedge funds...or Dallas' suburban-HQ'd Exxon
In NYC or SF, city housing costs and private school costs vastly exceed costs of elite suburbs, so "big" cities are essentially for a few 1000 affluent yuppies or wealthy families and a few million poor slum dwellers
And choosing to reside in any city often entails a 35+mi, 35+min drive out to one's job in suburban SiliconValley, etc if one chooses not to reside in suburbs nr one's suburban office
Another useless and factually untrue post from hsw. I suppose all those jobs in lower and midtown Manhattan are actually filled by minimum wage employees.
The headline is misleading. The trend isn't so much about ethnicity as it is about class (although whites tend to be better educated and more affluent).
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