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New Demand for Cities
March 10, 2010
Posted by: Julia
Our President and CEO Carol Coletta was in Dallas this week where she spoke of the shift in housing demands away from suburbia at the 11th annual meeting of the North Texas Housing Coalition. The leaders of the new economy – the young, college-educated and highly mobile members of the 21st century workforce – are increasingly urban dwellers. They seek high-density, inner-city living that fosters connectivity and diversity.
They are also far less interested in single-family homeownership, instead favoring multifamily housing in the form of condominium ownership or renting.
We think cities that ensure residents can meet their daily needs without a car stand to win big. Dense, transit-oriented development promotes less traffic and frees up disposable income otherwise spent on gas and commuting.
This is just one of the issues we intend to explore as part of the US campaign – a campaign to build and sustain the next generation of great American cities that are of, by and for US.
Roy Lopez, March 12, 2010
Carol: You were great! I really enjoyed your presentation.
Link: www.dallasfed.org
Barb, April 13, 2010
This is wonderful!
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