“Let’s take a ride, and run with the dogs tonight, in
Suburbia.”
I have no clue what the Pet Shop Boys meant with that line
of their 1986 hit song, “Suburbia.” It
seems to me that one would either take a ride with the dogs, or run with the
dogs, but not both. But regardless if
you are riding or running, more people seem to be doing both in “Suburbia,” more
commonly called “the suburbs.”
This reverses a prior trend that showed that America’s big
cities have grown faster than their suburbs in recent years. A report from the U.S. Census Bureau shows
that fourteen of the nation’s 20 biggest cities saw their growth slow or
populations decrease in 2013. Only 18 of
America’s 51 metropolitan areas with populations greater than 1 million people
had their cities grow faster than their suburbs. That’s down from 25 in 2012. So now it’s Suburbia that is growing faster
than the urban core of cities.
Why the change? Just
recently we were discussing the appeal of condominiums in the core of major
cities. While those projects are selling
well, it seems that greater growth is attributed to single family homes with
yards and fences. Most of us that grew
up in the west grew up in a suburb. That
trend continues, especially for families with children. That’s good news for home builders, and the
economy since the construction of single family homes creates more jobs than
multi-family projects.
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