Crumpets
Thinking Crumpets Crumpet
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E: -4.06, S: -6.52
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« on: May 06, 2024, 01:26:20 PM » |
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During the housing bubble, getting a mortgage for a suburban home was much easier (not because houses were cheaper, but just because banks were more reckless in handing out mortgages). Nowadays, suburbs, even if socially more diverse, are more out of reach economically than they were, say 20 years ago. At the same time, we're at a point where the generation of 80s-90s tech entrepreneurs are hitting retirement age and, even if most probably aren't newly moving to the suburbs for the first time, that's one of the cadres that can afford to, and which might be looking to leave the city. So the educational/career background of suburbanites is also shifting.
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