James Howard Kunstler discusses suburbia as an endangered species in the light of oil peak and human social needs. [Link corrected.]
The following is an excerpt from an interview with James Howard Kunstler by Global Public Media: "So what I imagine is that its going to represent a kind of an economic catastrophe, as its disutility becomes manifest and its associated value vanishes, and the people who have invested their life savings in things like McHouses and suburban property of all kinds are going to find that theyve been ruined and impoverished by this mis-investment. And I think the net effect is were going to see a mad scramble in the suburbs as people try to get out, and of course there are going to be very few buyers for this stuff, and the value of all the property of all kinds, commercial, residential, office, you-name-it, is going to crash and theres going to be a kind of fight over the table scraps of the twentieth century out there."
Thanks to The Practice of New Urbanism
Read the full story: James Howard Kunstler discussing how peak oil affects his work
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