The Collapse of The American Dream? For The First Time In A Century, People In The U.S. Are Leaving The Suburbs For Cities. Rising Energy Costs Are Making Commutes Unaffordable, And 40% of Americans Now Make Less than the 1968 Minimum Wage!
Investmentwatchblog.com
August 2nd, 2013
Is this the end of the American dream? How families are choosing city living over suburbs for the first time in 100 years
New book, The End of the Suburbs, explains how changing economic trends are making a suburban lifestyle less desirable
Rising energy costs are making commutes unaffordable
For the first time in a century, it seems people in the U.S. are leaving the suburbs for cities.
Since the invention of the automobile in 1888, the rate of suburban population growth has consistently outpaced that of urban centers. But in 2011 – for the first time in a hundred years – the trend reversed.
Demographics, environmental concerns and rising energy costs all play roles, according to
The End of the Suburbs: Where the American Dream is Moving, a new book that charts the rise and fall of American suburbia….
The Rest…HERE