Despite the $700 billion financial bailout plan, the suburbs will continue to lose population and value, according to Peter Katz. He says it's time for the government to prevent suburban development that is only doomed to fail.
"The pattern across the continent is fairly consistent: Dwellings within walkable neighborhoods, close to transit, shopping and places of entertainment, are holding their own in terms of price and value."
"By contrast, the future appears far bleaker for the endless rows of foreclosed homes out on the urban fringes - the 'buy 'til you qualify' subdivisions located half a gas tank away from most everywhere. Christopher Leinberger, in his Atlantic article 'The Next Slum,' says there are clear signals that such places 'will become magnets for poverty, crime and social dysfunction.'"
"Maybe it's time, even as the billions of bailout dollars flow, for official Washington to get tough. It's emerging as lender of last resort, asset manager for the wounded American taxpayer, assuming the responsibility for thousands of toxic mortgages on property that more diligent local planners might never have allowed to be built. So why could Washington not advocate - maybe even require as a price for the potential subsidies and loan insurance it may offer - compliance with planning rules aimed at promoting more economically robust, resource-efficient communities?"
FULL STORY: Will Rescue Plan Simply Serve Sprawl?

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.

Defunct Pittsburgh Power Plant to Become Residential Tower
A decommissioned steam heat plant will be redeveloped into almost 100 affordable housing units.

Trump Prompts Restructuring of Transportation Research Board in “Unprecedented Overreach”
The TRB has eliminated more than half of its committees including those focused on climate, equity, and cities.

Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.
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