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Excerpt from:  Greater Phoenix trends and statistics
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The Shifting Suburban Landscape And The Current Economic Crash

Trends toward Phoenix urban living continue, but the draw of affordable homes is strong.

The current economic transformation is the result of decades of build up and it's changing, but it's not only the financial sector which will see a big shift, there is a cultural shift and, "

"On the other side of the crisis, America’s economic landscape will look very different than it does today. What fate will the coming years hold for New York, Charlotte, Detroit, Las Vegas? Will the suburbs be ineffably changed? Which cities and regions can come back strong? And which will never come back at all?   (Richard Florida)

These are the questions Richard Florida poses and answers in an article in The Atlantic, How the Crash Will Reshape America.

It's a very rewarding and enlightening article to read about historic shifts and the current shift. 

It's also worth reading because this change will affect all of us to some extent.  Consider the long term implications for your job, your real estate investments amongst others.

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Comments
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RE: The Shifting Suburban Landscape And The Current Economic Crash

history does repeat itself
It was a very enlightening article to read,  history does indeed repeat itself, the Great Depression was something my parents spoke about and I had always (and still do) hope I would never have to experience it firsthand.
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