"22 million surplus large lot homes in the US by 2025... " 
I saw this quote in a magazine that our Church makes available every week. The author was writing about where churches ought to be thinking about doing business. Here's a bit of what he said...
"Research conducted by Arthur Nelson, the director of the Metro Institute of Virginia Tech, indicates that by the year 2025 there could be 22 million surplus "large lot" homes in the United States. "Large lot" homes are those built on more than one-sixth of an acre. Where do you find "large lot" homes? In the suburbs."
Hmmm. I live in the suburb. I love my suburb. My suburb now has almost everything the big city to our south has with the exception of one thing - culture. I'm not saying we don't have culture here in our town, just that we don't have that unique culture you get in places like West End in Dallas or Cherry Street/Brookside in Tulsa, etc. I think that's mostly because out town is still young and that kind of culture takes time to develop and grow.
If this Arthur Nelson guy is correct, we have a MAJOR HOUSING CRISIS that is BIGGER THAN OUR CURRENT PROBLEM coming. Well, that's pretty scary isn't it? Almost makes you want to toss in your real estate license and go do something else. Or, if you manage to stay in the business through this current crisis (which Brian Buffini predicts will last about three years), then maybe we should all move back into the city.
Or maybe Arthur Nelson is wrong.
So what do you think?
Should we all sell or houses in the burb and move back into the cities or just toss our licences and call it a day???
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