Wednesday, October 10, 2007

The Death of Suburbia

Buying a "dream house" one hundred miles for job centers always seemed a little crazy.

America's new slums, the ones predicted by James Howard Kunstler, are now visable. Due less to peak oil than the subprime mortgage meltdown.

Watch this video to get a sense of how bad it has become for those who bought into the suburban American Dream.
(CBS-5 San Francisco)

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