Suburban living requires two things; abundant good paying jobs and cheap energy. Take them away and Poof! No suburbs. Every 0bama policy has been directed toward destroying those two things.
“Suburban living requires two things; abundant good paying jobs and cheap energy. Take them away and Poof! No suburbs”
Well said. In my area and outlying suburb is 30-45 min. away from job centers. These areas boomed until gasoline hit $3/gallon then went into a flat line stall. The 2009 crash pushed them over the edge and foreclosures were much higher farther out than close in.
Now there are lots of cheap rentals 30-45 minutes out.