by Ryan Avent
Will expensive gas kill the suburbs? Journalists can't stop asking the question, and an increasing number of suburb defenders are rising in protest. The easy answer is: it depends. It depends on what happens to gas prices, and it depends on how we respond. But the best way to think about how American urban geography will change in response to expensive gas is to break the question down into smaller parts. I'm going to try to do that today.
Smaller part one is this: will expensive gas lead to rejuvenated center cities? One thing that often gets neglected in news stories on this question is the extent to which center cities were resurgent before gas prices really took off. Central areas in both older cities and Sunbelt boomtowns began seeing new waves of investment beginning in the late 1990s. There were three main reasons for this. A big one was the rapid decline in urban crime that had plagued cities in the late 80s and early 90s.
No comments:
Post a Comment