Are the Suburbs Undergoing a Metamorphosis? (Reposted from the Progressive Press)

The Global Economic Crash of 2008 was a watershed which is continuing to have effects in all aspects of the economy, politics and society. However, it was merely an exclamation mark within the developing trends in the U.S. that are pertinent to suburbanization in the country, such as: -The national economy will not bounce back to pre-2008 in the foreseeable future with continued slow growth -Demographics have changed (Baby Boomers retiring, smaller family sizes, more single adults, more ethnic diversity etc.) -The smaller labor force in manufacturing requiring unskilled labor -A decline in the middle class’s purchasing power due to declining wages -Increasing individuals in poverty -Unemployment/under-employment of young adults and those ‘near-retirement” group (55-70) -Increasing energy costs -Changing view of what cities should offer and lifestyle (i.e., ’24/7″ city) -Oversupply and over valuing of housing with tighter credit -Diminished hyper-consumerism In sub...