fascinating .... <as we move even farther and farther away from downtown>
However, if I was a commuter, I would definitely move intown as well. I would rather walk or ride a bike to work than do any kind of commute whatsoever. On Tue, Jul 22, 2008 at 1:13 PM, Cameron Childress <[EMAIL PROTECTED]> wrote: > Thought some might find this article interesting. I'll start by > saying this isn't about your city, and your living situation is > certainly different, it's about Atlanta and specifically about the > areas I live in - the "Old Fourth Ward" it mentioned is directly > across the railroad tracks (yes, really - historically the "wrong side > of the tracks") that run directly behind the condo I was recently > looking at buying. > > It's about gentrification of intown neighborhoods and presents a > fairly honest look at race in the Atlanta area, where there is still a > certain amount of racial tension among certain crowds of people and in > certain areas. One of the most interesting nuggets for me, though, is > about how there is a 5 to 7 year backlog of vacant lots in the 'burbs, > while intown development is still plowing forward full steam ahead - > ***even during the housing downturn***. A ton of people are moving > back in town - mostly because of traffic. This is all going on while > ONE MILLION people have moved to the region just since 2000. > > http://www.governing.com/articles/0807atlanta.htm > > <quote> > Indeed, you can't drive around Atlanta without coming across a new > condo or apartment development, even in recently destitute > neighborhoods that just a couple of years ago you'd have sworn would > never again see a bulldozer or a hard hat. "Even Deep South Atlanta, > which has been a backwater in terms of development, is seeing young > black entrepreneurs who are not heavily capitalized looking for > opportunities to go more upscale," says state Senator Nan Orrock, a > white Democrat who represents some of the city's fastest-changing > neighborhoods. > > Meanwhile, the outer suburbs now have a lot of cleared land sitting > vacant. A recent study by a local real estate research firm found that > developers in the northern half of the region have a five-year backlog > of lots cleared and ready for building; in the southern half of the > region, the backlog is seven years. Why? "Buying a house way out there > is like buying a Hummer now in terms of what's it's going to cost you > for gasoline," columnist Jay Bookman argues. "In January of 2007, when > gas was $2.17 per gallon, metro Atlanta spent $14 million a day on > gasoline. At $4, it's $26 million every day. That is an economic > driver that will transform the region." > </quote> > > .... and this ends today's lesson about Atlanta. > > -Cameron > > -- > Cameron Childress > Sumo Consulting Inc > http://www.sumoc.com > --- > cell: 678.637.5072 > aim: cameroncf > email: [EMAIL PROTECTED] > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:264351 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
