Quote:
Originally Posted by cybele
Maybe the solution is not to trash the suburbs or to attempt to force people to give them up, but simply to make more transportation options available.
As far as people desiring to move intown, it's certainly not because the option isn't available. I think I read that there are something like 5,000 new intown condos sitting there waiting for a buyer.
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yes 5,000 condos versus the 100,000(just a number i pulled) homes available in the suburbs The reason they are sitting there has nothing to do with the suburbs being preferred it has to do with a little something called harsh financial times. People are fearful of losing there jobs and as such aren't making major financial decisions like buy a condo or a suburban home. When conditions improve then those 5000 condos and there suburban counterparts will move. The condo market isn't idle because of lack of interest or overnight people had an epiphany that a suburban home was better, its the consumers financial confidence which takes precedence over everything. Not to mention the typically white collar jobs needed to support a home etc dried up.
The city in of itself offers the way I see 3-4 different lifestyles.
1.starter condo's for the young/first time home buyer
2. The larger more detailed filled condo/loft for the more established worker/ maybe young couple starting out
3. The luxury condo/town home/brownstone/detatched home, for the professional with increased income with kids and a dog. Particularly the intown neighborhoods grant park etc etc
4. The Ultra luxury segment I.E the St.Regis, Four Seasons, W Downtown, the large 15k sq ft and higher homes etc
The point the city offers variety and even a segment that the most toniest of suburban neighborhood cant offer.
I think probably one of the best suburban examples is the Bay Area. They are well planned out and are on a grid pattern for the most part and actually do have a draw of there own. Palo Alto probably comparable to Alpharetta here, but so much more heart and soul. A fantastic downtown area. Multiple transit options, parks everywhere you turn(and not the tired baseball softball parks) and actually walkable not to mention understand the fact that they support the cities and are part of the metro and not an island.