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Why Housing Prices Fall More Sharply in the 'Burbs

Posted by: Nate Berg

6 July 2008 - 5:00am

This segment from NPR looks at what's behind the trend of house prices falling more sharply outside of cities.

"In some parts of the country, house prices are dropping faster outside cities rather than inside them. It could be because migration to America's fastest growing areas has slowed in the past year."

"Co-host Ari Shapiro talks to William Frey, a senior fellow at the Brookings Institution, about the housing markets that are cooling fastest, and why."

Full Story: Home Prices Drop More Steeply Outside Cities
Source: NPR, July 3, 2008
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The areas where we have severe blight and indications of more blight to come are basically the same as they ever were. How in the world are we ever going to move our community development selves into an alternative future that thinks differently about the challenges we face in our cities and low-income suburban and rural communities?
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