Demographic Changes, High Gasoline Prices Fuel Demand for Urban Living
In a recent article in The Wall Street Journal, Jonathan Karp suggests that rising fuel costs and a desire to abandon the suburban culture of the previous half-century is causing both baby boomers and millenials to move into urban settings. Christopher Leinberger, a visiting fellow at the Brookings Institution and a developer of walkable areas that combine housing and commercial space, describes the structural shift as the “beginning of the end of sprawl.”
Full article found at: http://online.wsj.com/article/SB121366811790479767.html?mod=googlenews_wsj
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