REI Wealth Monthly Issue 17 | Page 44

FROM CITIES TO SUBURBIA AND BACK (PART 1) RICK TOBIN For better or worse, many towns, cities, and even countries are beginning to look more and more alike as we progress through the 21st century. The “suburbanization” and the “franchization” of both America and the rest of the world are making housing communities, retail centers, and shopping malls look quite similar with these “cookie-cutter” type communities. The same franchised fast food outlets, coffee shops, and mega mall outlets continue to pop up around the The flight from urban centers like New York City U.S. and the world. In addition, more housing began shortly after the Great Depression (1929 – subdivisions are being designed and built in styles 1939). Very few housing units were built in the consistent 1930s or 1940s during that time range. This time with California Mediterranean, Southwestern Ranch, or Northeastern Cape Cod. period was the prime depressive era of “The Great Depression” and World War II. Shortly after the end of World War II, there was a tremendous demand for housing. As the cost of housing in the crowded urban centers began to increase, areas outside the city limits began to look more attractive to people. Suburban sprawl, now the standard North American pattern of growth, was driven both by demand for more affordable properties, increased availability to transportation (i.e. cars, buses, and subways), and the new efficiency of Almost 100 years ago, more people lived within the builders to deliver mass-produced housing tracts. cities than in the rural or suburban areas. The early to mid-century years of the 20th century had an Home builders began to model their development increase in the size of large metropolitan areas such business after the automobile assembly lines as New York City, Philadelphia, Boston, and Chicago. developed by the Ford Motor Company. Home The traditional urban neighborhood consisted of builders used the mass-production assembly line, pedestrian friendly areas where one could walk to and converted it so that workers moved from work, schools, restaurants, and to other places. different locations to perform the same specific