Economic Woes May Cut Down Sprawl
30 April 2008 - 10:00am
The downturn in the economy could bring about major changes to the pattern of suburban sprawl development.
"Higher gas prices and living expenses are cutting into the pros of living outside an urban area and commuting in to work. Stacey Vanek-Smith reports on how the economic downturn might affect urban sprawl."
"In compact cities like Portland, Ore., people spend about 10 percent of their discretionary incomes on transportation. In sprawling metropolises like L.A. and Atlanta, it's more like 35 percent and climbing thanks to rising gas prices. Policy Analyst Jan Mueller says that could make city living look a lot more affordable."
Full Story:
Tight economy could curb urban sprawl
Source:
Marketplace, April 25, 2008
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