Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Urban vs. Suburban rates of Growth
Old 08-10-2015, 06:49 AM   #1
Recycles dryer sheets
Join Date: Oct 2011
Posts: 315
Urban vs. Suburban rates of Growth

I'm not an active real estate investor but I thought those of you who are might find this article/data valuable. Discusses trends in housing demand by urban vs. suburban. Raises questions about the conventional wisdom that people are returning to the cities. No smoking gun, but an interesting analysis that suggests more of a polarization. Fastest growing areas are actually to most suburban, followed by the most urban. The sort-of-suburbs have the slowest rate of growth.

Hope this is helpful to you.

No, Suburbs Aren't All the Same. The Suburbiest Ones Are Growing Fastest - CityLab

Luck is when Preparation meets Opportunity.
krotoole is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-10-2015, 08:17 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
Join Date: Apr 2003
Location: Hooverville
Posts: 21,829
Thanks for posting this. I will say, though, that few people with any kind of social radar would be surprised. What are the "more urban suburbs"? They are the older, more impoverished suburbs with a good dose of all the urban and racial social strife that is found in the big cities, especially the downscale areas of big cities.

It might come as a surprise to some, but middle class people who want to live in the city are not looking to get mugged or shot. They want museums, universities, easy access to many types of meetings, discussions, pastimes and access to well behaved people who are into ideas. Add ethnic food to the list, which in most cases means Mexican, Indian, and all the attractive food that can be offered cheaply by restauranteurs from immigrant groups. None of these things are related except by geography and the history of American development and settlement in the post WW2 era to another known and not so sought after feature of urban life, more violent crime.

Many big cities that have for years been getting safer and safer have recently made a U-turn, and few who live in these cities are really happy about this, no matter what they might say for attribution. Enough movement in this direction and old Ha is heading across the lake to Bellevue.


haha is offline   Reply With Quote
Old 08-10-2015, 09:25 AM   #3
Thinks s/he gets paid by the post
Senator's Avatar
Join Date: Feb 2014
Location: Eagan, MN
Posts: 2,100
I think it can be boiled down to low crime areas are growing faster than higher crime areas.

Just as in the old days, healthy people left their insurance plans to go with a lower cost one, and the less-healthy people were stuck with the higher rates.

With a real estate twist, more affluent people leave the higher crime areas to go to a lower crime area. As a result, the less affluent are stuck and housing values plummet.

Clean up the crime, or spread it out across the entire metropolitan area, and the effect gets minimized.
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
Senator is online now   Reply With Quote
Old 08-10-2015, 09:42 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
Join Date: Jan 2008
Location: Chicagoland
Posts: 10,663
Thanks for posting, interesting to me. The (residential) return to cities was supposed to be driven by sky high fuel prices or even energy shortages (Chris Steiner, Richard Florida, Joel Kotkin), but fracking/horizontal drilling (and conservation to a much lesser extent) has changed all that, maybe for decades to come. With even semi-desirable urban areas already at high $ premiums, the theory never made (personal financial) sense to me, as urban real estate costs would go even higher - people already can't afford the nice urban neighborhoods in most cities. We'd love to live in a safe, walkable urban area, but there aren't any that appeal to us that we can realistically afford...
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 08-10-2015, 10:35 AM   #5
Thinks s/he gets paid by the post
Koolau's Avatar
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 2,322
While the article does offer some quantification of the situation, I'm guessing the trends have not changed a lot since the word "suburban" was invented. Folks want a place that is safe AND affordable. Typically, that means "moving out to the suburbs." With the advent of the car (two cars or more, really) we have the mobility and flexibility to live where we want to and still manage to get to w*rk. My bias is that the "return to the city" (think Yuppies, here) has more to do with being financially able to carve out a section of an otherwise "blighted" area and turn it into a safe place with all the amenities. All things being equal, I suppose many of us would prefer to live closer to the urban center (restaurants, theaters, etc. etc.) But it's not equal. There are either "blight" issues or cost issues (or both) to such a choice. YMMV
Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
Koolau is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Moving - Suburban, or Rural??? zaqxsw Life after FIRE 6 08-23-2014 07:50 AM
Emerging and Developing GDP Growth exceeds GDP Growth in Advanced Economies bUU Other topics 3 06-28-2013 11:42 AM
Suburban wildlife Nords Other topics 54 10-29-2011 09:20 AM
Suburban Farming NotSoonEnough Other topics 8 05-17-2008 04:39 PM
Urban/Suburban/Rural Retirement? yakers Other topics 43 04-18-2006 07:13 PM


All times are GMT -6. The time now is 05:54 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.