We’ve written before about the “great debate” about whether the American love affair with the suburbs is dying. Basically, it’s a debate about where people SAY they want to live, and where they are actually choosing to live. That is, people keep saying that they want to live in dense, diverse, urban environments, but Census data keeps showing migration from cities to the suburbs.
The Brookings Institution has been the loudest banger of the drum in favor of the argument that the suburbs are dying, that people don’t want to live in that sprawl anymore. We see this again in a New York Times op-ed from Christian B. Leinberger, a senior fellow at Brookings, who contends that planners need to recognize the need to develop walkable environments:
Simply put, there has been a profound structural shift — a reversal of what took place in the 1950s, when drivable suburbs boomed and flourished as center cities emptied and withered.
The shift is durable and lasting because of a major demographic event: the convergence of the two largest generations in American history, the baby boomers (born between 1946 and 1964) and the millennials (born between 1979 and 1996), which today represent half of the total population.
Many boomers are now empty nesters and approaching retirement. Generally this means that they will downsize their housing in the near future. Boomers want to live in a walkable urban downtown, a suburban town center or a small town, according to a recent survey by the National Association of Realtors.
The millennials are just now beginning to emerge from the nest — at least those who can afford to live on their own. This coming-of-age cohort also favors urban downtowns and suburban town centers — for lifestyle reasons and the convenience of not having to own cars.
Over all, only 12 percent of future homebuyers want the drivable suburban-fringe houses that are in such oversupply, according to the Realtors survey. This lack of demand all but guarantees continued price declines. Boomers selling their fringe housing will only add to the glut. Nothing the federal government can do will reverse this.
I don’t disagree with any of that, but neither do I buy that the fringe suburbs are dying. I agree that we need to create more density in the suburbs — as someone who works in suburban real estate, I can attest that walkable village downtown areas command a premium on the market, precisely because people love the idea of living in the suburbs while still being able to get a cup of coffee without having to drive.
But I still think that there’s a whiff of “we want this to be true, so it is true” in these arguments. Certainly, census data does not support the idea that people are migrating to dense urban environments, and my experience of both working in the suburbs and now living in the suburbs suggests that there’s still a lot of interest in traditional suburban neighborhoods: big lots, picket fences, back yards, cul-de-sacs, the whole thing. Would those people like to see more public transportation options, and more walkable downtowns? Yes, of course. The question is whether they’d be willing to pay for them. That, I’m not so sure about.