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Page added on March 15, 2008

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Is Suburbia Turning Into Slumburbia?

Every coin has its flip side. Last week, I explored how San Francisco and other centers of innovation around the globe are resisting the downward vortex of the housing market. These fabled super cities, Richard Florida contends in his new book, “Who’s Your City,” are attracting an increasingly disproportionate number of educated, creative knowledge workers who fuel the economy. In turn, these folks are keeping housing prices relatively high despite recurring appearances of the R-word on our front pages.


The dark side of this surreality is that the places far from these hallowed urban cores are experiencing unprecedented decline and, according to some experts, threaten to become tomorrow’s slums.


We’re not talking about mean inner city streets getting meaner, we’re talking about the pristine, newly built developments of four-bedroom, three-bath dream homes produced in the last housing boom becoming ghettos for the poor and the disenfranchised.


Slumburbia? After decades of middle class flight from the cities in search of safe neighborhoods and good schools



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