The Suburban Bulldozer

More

Amazing video of brand new suburban homes being razed by bulldozer. Apparently, Guaranty Bank of Austin took over the homes in foreclosure - four in a suburban Texas development and another 12 in one suburb in California - and is knocking them down ostensibly to promote a "safe environment" for neighbors, and more likely because it is cheaper to destroy them them to keep them on their books.

This may be just the tip of the iceberg. Once desired, suburban and ex-urban communities with cul-de-sacs, McMansions, and long commutes could be on their way to becoming the blighted and abandoned communities of tomorrow, accelerating the process Chris Leinberger documented in his eye-opening Atlantic essay of March 2008.

A large and apparently growing share of mortgages are underwater according to this analysis in the Wall Street Journal, so we may expect more of this.

The economic crisis appears to be reshaping America's economic geography in ways that work against the Sunbelt's cities of sand and sprawl where real estate development became much more than a way to house workers, but a key driver of economic development itself.

Long ago, I asked my colleague, the esteemed urbanist and architect David Lewis, what he thought was the biggest issue of urban revitalization of our time. He responded without hesitation that the eventual decline of sprawling, shoddily constructed, exurban communities would make the urban cores of cities like Philadelphia or even Detroit - with their compact infrastructure, dense neighborhood footprints, and authentic and historic structures - look like a walk in the park. Not to mention that this entire development cycle is a giant waste of resources and a potential drag on long-run economic competitiveness and prosperity.

Jump to comments
Presented by

Richard Florida is Co-founder and Editor at Large of CityLab.com and Senior Editor at The Atlantic. He is director of the Martin Prosperity Institute at the University of Toronto and Global Research Professor at NYU. More

Florida is author of The Rise of the Creative ClassWho's Your City?, and The Great Reset. He's also the founder of the Creative Class Group, and a list of his current clients can be found here
Get Today's Top Stories in Your Inbox (preview)

A Technicolor Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

A Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier

Video

What Do You Wish You Learned in College?

Ivy League academics reveal their undergrad regrets

Video

Famous Movies, Reimagined

From Apocalypse Now to The Lord of the Rings, this clever video puts a new spin on Hollywood's greatest hits.

Video

What Is a City?

Cities are like nothing else on Earth.

Video

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Writers

Up
Down

More in National

From This Author

Just In