Some sad news tonight, at least for some folks out there: The American Suburb has passed away. It was only 61 years old. No one expected that it would die so young, but then no one ever sees it coming, do they? The cause of death was clogged arteries -- but mainly a horrible case of gas.
The New York Times broke the story before anyone else:
Read the whole obituary. People can't afford the gasoline or the heating oil, and many are desperate to move back to a more urban environment. House values are plummeting, especially in the exurbs -- and even in Philly, which had seemed to be relatively immune from the housing slump. For a Baby Boomer, it's a shocking thing to see. We grew up taught to think that suburbs were like a part of human evolution.
I never thought the American Suburb would be the one to go first.