Is the writing on the wall for American suburbs?
Living where I do now, in the heart of San Francisco, I've sensed the trend. I'm part of it. I left the suburbs after 40 happy years living there. I see my clients, young and old, wanting a more urban life-style. I've seen how differently my 20-year old granddaughter views living arrangements; she isn't an anomaly not being interested in getting a driver's license the moment she turned 16. There are fundamental, real shifts going on.
Here's a heads-up tip for a thought-provoking read: The END of the Suburbs, Where the American Dream is Moving, by Leigh Gallagher
A few highlights from the Introduction:
- "After fifty years of outward migration, we're starting to move in the other direction."
- "Since 2000, building activity has picked up in cities and showed down in suburbs."
- "As poverty has invaded the suburbs, wealth has rushed back into cities.If you've visited New York, Los Angeles, San Francisco, Seattle, or just about any other American city lately, you don't need more proof that they are booming."
- "....studies show that when millennials [those born between 1977 and 1995] do leave their parents' homes, they don't want anything to do with the kinds of suburbs they grew up in."
With chapters titled, "The Great Urban Exodus," The Urban Burbs," "The End of the Nuclear Family," and "Where the Wealth is Moving" among others, it's an easy book to pick up and delve into.
The END of the Suburbs by Leigh Gallagher will be fascinating read, and I expect it will give me insights which I can put to use to better understand the needs and wants of my clients.