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

Comments

Write your comments in the box below and share on your Facebook!