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by ghaff
2228 days ago
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I don't live in a suburb and don't really like them. But I am in the orbit of a major city while being pretty rural. I don't really anticipate en-mass movement. A lot of the people already living in cities will just accept whatever restrictions and risk. But I do think some on the edge might reconsider living in places where you don't need to be in elevators or share transit with a lot of other people, |
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Why choose the exurbs where you pay a premium to drive long distances and live far away from opportunity and medical care? Plus, exurbs were some of the hardest hit during the '08 recession [1].
> But underlying today’s exurban fervor is an uncomfortable truth: The reason that homes in these communities are so affordable is that these areas were among the hardest-hit by the housing crisis and recession, and prices have only recently recovered.
Recessions are very difficult to predict. Maybe it will be some time before a reckoning in the exurbs comes due again.
[1] https://www.marketwatch.com/story/it-can-be-risky-to-buy-a-h...