Thursday, July 10, 2008

Americans Moving Back to Cities



Tracy McKelvey and his wife Jan lived in a similar suburb and used to commute two hours each day to their jobs in Phoenix. But, a few years ago, they traded in their three-bedroom, two-garage house in the Phoenix valley for a downtown loft.

Both McKelveys now travel to work by scooter and enjoy restaurants, cafes, sports arenas and shops within walking distance of home, taking advantage of the $2.3 billion that the country's fifth-largest city is spending to build housing, a university campus and a mass transit rail system.

"We save money on gas. It's a good feeling. I haven't sat in a traffic jam for years," Tracy McKelvey said.

Reuters

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