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This is how the suburbs die
The Week ^ | 1/21/206 | Michael Brendan Dougherty

Posted on 03/01/2016 10:15:16 AM PST by ek_hornbeck

In 1974, corporate behemoth GE moved its headquarters from Manhattan to the suburban Fairfield, Connecticut. Last week, it announced that it was leaving Fairfield for Boston's waterfront district. And as GE goes, it has people wondering whether the suburbs are going to lose their economic lifeblood.

Mad Men reminded us that mid-century advertising executives worked in the heart of Manhattan, but slowly began their retreat to the burbs as crime exploded in New York City. The corporate offices followed them and their growing families in the 1970s and 1980s.

(Excerpt) Read more at theweek.com ...


TOPICS: Business/Economy; Culture/Society; US: Connecticut; US: Massachusetts
KEYWORDS: crime; demography; suburbs; surburbia; trends; zoning
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To: VanShuyten

Well you’re astute enough to realize the issue.
I’d be putting up the “for sale” sign before relative values decline.


61 posted on 03/01/2016 12:17:19 PM PST by nascarnation (RIP Scalia. Godspeed)
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To: af_vet_1981

While I was never a Deadhead, the older I get, the more appreciation I acquire.

Thanks for the link.


62 posted on 03/01/2016 12:17:26 PM PST by Zeneta (Thoughts in time and out of season.)
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To: Jim Noble
The whole state is a ghetto?

Ha!!

63 posted on 03/01/2016 12:17:37 PM PST by Osage Orange (Nowadays we are just Central America with snow.)
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To: Osage Orange

“The whole state is a ghetto?”

The World is a Ghetto

https://www.youtube.com/watch?v=oKKMdmPBWRk


64 posted on 03/01/2016 12:23:00 PM PST by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: VanShuyten

Whatever......


65 posted on 03/01/2016 12:23:47 PM PST by Osage Orange (Nowadays we are just Central America with snow.)
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To: St_Thomas_Aquinas

“Boston is propped up by Harvard, MIT——”


Really?

The City of Cambridge must be devastated.

.


66 posted on 03/01/2016 12:26:10 PM PST by Mears
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To: Jim Noble

Who will pay the taxes?


67 posted on 03/01/2016 12:35:03 PM PST by antidisestablishment (If Washington was judged with the same standard as Sodom, it would not exist.)
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To: ek_hornbeck
Lived in CT for 16 years 1976-1992. Our last home in CT, where we lived for eight years, was Easton in Fairfield County. The corporate office for GE was just off the Merritt Parkway at the Sport Hill Road exit in Fairfield. This was our exit, we drove north on Sport Hill a couple of miles to our home in Easton.
GE leaving for Boston will no doubt impact home values adversely in the area. It will also take a toll in other ways ... our Vet in Easton wife worked for GE. Other employees may take a buy out deal rather than move. Bottom line we moved from CT at a good time ... ahead of the ridiculous state taxes that came after we departed.
68 posted on 03/01/2016 12:41:24 PM PST by BluH2o
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To: Poser

Leitchfield ain’t New Haven

It’s whichever parts have too many minorities like anywhere else

78% white

10% black

The poster I replied to (was it u?) said the whole state was a ghetto

Which is preposterous

Outsiders see remarks like that and they think Infowars


69 posted on 03/01/2016 1:01:43 PM PST by wardaddy (Ted Cruz endorser of Rubio is off my Christmas list......)
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To: outpostinmass2

I’m not wishing for it to happen.
I am watching it happen.
Don’t shoot the messenger.


70 posted on 03/01/2016 1:05:30 PM PST by Lorianne
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To: sphinx
A good city neighborhood is like a small town, with the addition of big city amenities within easy reach. I have work, church, my kids' elementary and middle schools, groceries, plenty of shopping, and over a hundred restaurants with 1.5 miles -- all this in a walkable, bikeable neighborhood with quiet tree-lined streets and not much traffic. Hard to beat.

That is until the SHTF.

71 posted on 03/01/2016 1:36:29 PM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: llevrok
I doubt few working there will be family people, rather than childless urban people.

Which is what explains it more than anything. The new "talent" doesn't need big living spaces anymore because they're staying single and delaying (or denying) childbirth.

72 posted on 03/01/2016 1:42:15 PM PST by JediJones (TRUMP 6/18/2012 on Fox News: "We have to show some compassion. We just can't throw everybody out.")
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To: outpostinmass2
My biggest costs are taxes and then maintenance followed by legal in that order. Rent is strictly supply and demand.

Those costs are all higher because indirectly more energy is being consumed such as more union government employees, which have a negative return on cost. Rents are influenced by demand however if rents go sufficiently higher then more steel and concrete is ordered, and government and other employees hired, to build more capacity, so pollution goes up. Cost is a wonderful proxy for total energy consumption/pollution because it cuts through all the political baloney. While there are exceptions, in general if something costs more, more energy is being consumed somewhere. The ultimate reason gold and diamonds cost so much is because a tremendous amount of energy consumption and pollution output is required to obtain them. The same is true for high rise buildings in a big city.

73 posted on 03/01/2016 1:56:07 PM PST by Reeses (A journey of a thousand miles begins with a government pat down.)
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To: TexasFreeper2009

Utterly ridiculous claim. Blanket statements like this are usually unsupportable.

Most suburbs remain the wealthiest and best educated in their respective states and metro areas. Getting older?? Not as old as many decrepit cities and no place is UNIVERSALLY “old” because all human built environments are of varied age. Suburbs can renew and grow just as well as any other city or town. Suburbs weren’t (and aren’t today) built uniformly poorly. Levittown, NY is today a stable prosperous community where most of the original houses still stand and today’s rich suburbs are filled with even better materials. Low ceilings?? Most suburbs today have 9 FT ceilings as minimum and if you meant standards, today’s rich suburbs have some of the highest catering to rich populations. The “close together” comment makes little sense too as cities are famous for having large lots and being too spread out. Cities are where you find homes too close together. Today’s suburbs aren’t built like Levittown. I’ve never seen any (aside from older communities) where all the homes were alike. I see many different floor plans and differing exterior materials and styles within the same community at times. Even Levittown now has unrecognizable homes compared to when they were first built due to being added onto and changed around inside and out.

This whole article seems to suggest the FALSE claim that fortunes have reversed in the U.S. It’s FALSE to claim that suburbs are in decline. The fastest growing counties in most metro areas are suburban counties. Suburban towns are showing the highest growth rates, not cities. Most U.S. cities are growing again and are undergoing renewal thankfully but the suburbs are again growing fast too. The only declining suburbs are the ones that happened to have lower property values for various reasons and have undergone massive demographic changes as poor urban former slum dwellers swept in and brought their crime and gangs with them.


74 posted on 03/01/2016 2:04:38 PM PST by Vaden
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To: sauropod

.


75 posted on 03/01/2016 2:12:11 PM PST by sauropod (I am His and He is mine.)
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To: TexasFreeper2009

On a high level, the residential real estate market is driven largely by folks trying to get away from the violence and criminality of ghetto people.

They are strongly motivated to create safety for their families.

That’s not rayciss - it’s common sense.

Ghetto people are a great motivator, and they unwittingly drive certain areas of the economy. Home theater / entertainment electronics, for instance: As people increasingly perceive movie theaters as less safe (maybe true) and less civil (definitely true), they stay home for their entertainment options.


76 posted on 03/01/2016 2:20:00 PM PST by T-Bone Texan (Don't be a lone wolf. Form up small leaderlesss cells ASAP !)
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To: Poser; miss marmelstein

I’m very southern but I lived in Manhattan in the 80s and am descended from Stephen Hopkins of Rhode Island and one of my old business partners lived in Washington depot next to Leon Hess estate

You could do worse than rural Connecticut


77 posted on 03/01/2016 2:21:27 PM PST by wardaddy (Ted Cruz endorser of Rubio is off my Christmas list......)
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To: Behind the Blue Wall

Where on the peninsula do you reside?

I lived in Foster City and San Mateo, and the beater house I rented later sold for a million bucks!


78 posted on 03/01/2016 2:22:32 PM PST by T-Bone Texan (Don't be a lone wolf. Form up small leaderlesss cells ASAP !)
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To: T-Bone Texan

I’m in Pacifica.


79 posted on 03/01/2016 2:23:46 PM PST by Behind the Blue Wall
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To: TexasFreeper2009

That’s nonsense. Most suburbs are absolutely fine and going strong. Take a look at a real estate magazine!


80 posted on 03/01/2016 2:36:18 PM PST by miss marmelstein (Richard the Third: With my own people alone I should like to drive away the Turks (Muslims))
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