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Suburbs Killed Off by Gas Prices
Toronto article, notes Canada not as surburban-centered as US.According to some doomsday scenarios, spiking gas prices could turn the cul-de-sacs and two-car garages that surround North America's cities - built over the past 60 years and designed for the convenience of people with cars - into tomorrow's slums.The predictions for the most part come from subscribers to the theory of "peak oil," which holds that crude prices will shoot permanently upward as global demand outstrips dwindling supply, ruining the economy. But their predictions are getting a second look now, as suburbanites, especially in the United States, grumble at the rising price of a fill-up. Some warn the cost of gasoline will make the most sprawling U.S. suburbs so unattractive that housing values there will collapse, forcing many people to abandon their homes for urban areas better served by public transit and leaving only squatters, criminals and those who can't afford to leave the outskirts. I didn't see man-made gloalwarmingclimatechange as part of the cause, but it must be in there, somewhere. Posted by: Bobby 2008-07-02 |
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