Arizona As The New Canvas For Exurban Mega Growth
8 November 2004 - 5:00am
The southwestern state is home to a population surge second only to Nevada's in percentage growth.
"And the millions of newcomers pouring in here each year seeking lower-cost homes and living costs may be remaking the rural face of the state for good. After five decades of steady growth - 40 percent over the past decade alone - projections show Arizona will be home to 8.2 million by 2020, the nation's 10th largest.
...Forgoing the contiguous, linear growth from city centers outward - a pattern reflected in many US cities - the Arizona outposts are presenting new challenges for policymakers in how to design infrastructure from highways to sewers and water delivery in a state scorched with six years of record drought."
Source:
The Christian Science Monitor, November 8, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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