The Beginning of the End of Suburbia

NineShifter Deborah C. Hoffman of the City of Culver, Virginia, sends more evidence that our prediction about the decline of suburbs is now happening.

The Atlantic did this good story on it.

Here's the new data the story reports:

The AP's Jonathan Fahey reported last week that the utility company research consortium, the Electric Power Research Institute, projected that residential electricity demand would drop over the next ten years. "From 1980 to 2000, residential power demand grew by about 2.5 percent a year. From 2000 to 2010, the growth rate slowed to 2 percent," Fahey wrote. "Over the next 10 years, demand is expected to decline by about 0.5 percent a year, according to the Electric Power Research Institute, a nonprofit group funded by the utility industry." That's due, in part, to the decrease in the median size of new homes in recent years. The average size of a new home in 2010 is nearly 130 square feet smaller than in 2007.

NineShift is now predicting that in 2012 statistics will come out showing that overall suburbs are at a standstill, not growing overall. 

Of course, some suburbs are already in retreat.  There will be a some, but not many, new sub divisions built.
Again, overall, suburbia goes into decline from 2013 onward. 

Comments

[Will]

I moved out of the city and suburbs to the country due to the stress of commuting, etc. Now I work from home doing IT projects, on a few acres and can't see my neighbours. It's the best!