from Grist:
The curse of the exurbsby Tim De Chant
26 Aug 2011 7:00 AM
There's nothing more depressing than having to stay in a hotel surrounded by acres of parking lots, arterial roads, and freeways -- unless you're caught in the permanent-housing equivalent of an airport hotel: the exurb. Sprung from its predecessor the suburb, these even farther-off 'burbs lie scores of miles away from big cities and are often filled with houses and little else. They boomed during the housing bubble, but took a terrific tumble in the crash. They were based on three simple but ultimately flawed premises: housing prices will continue to rise, metro areas will continue to expand, and gas prices will continue to stay low. Oops.
Perhaps nowhere is this blight more evident than in the seat of Illinois' Kendall County: Yorkville, situated 50 miles from Chicago's Loop. Kendall County led the pack when it came to exurban growth in the 2000s. It was the fastest growing county in the country -- its 110 percent growth rate outpaced even the surging southern sprawlburbias. Dirk Johnson at the Chicago News Cooperative details Kendall County's remarkable fall:
In 2009 and 2010, the top foreclosure rates in Illinois were in Kendall, Kane, and Will Counties. On the new suburban frontier along the farthest fringes of the Chicago region, where cheap land and rising prices once triggered a rush of buyers, some newer developments have become ghost towns in places like Yorkville, Frankfort, Sugar Grove, and Hampshire.
Instead of corn, farm fields sprouted McMansions. They emerged wherever speculation was highest, like small shoots in anticipation of rain. But in some places, the rain never came. ..............(more)
The complete piece is at:
http://www.grist.org/sprawl/2011-08-26-the-curse-of-the-exurbs