Wednesday, February 18, 2009

Leinberger Interview

At the Infrastructurist.

The opening statement pretty much sums it all up:
The suburbs are really suffering. What’s the short-form diagnosis?

Americans are undergoing a fundamental shift in where they want live, work, and play. So this is not just a normal cyclical downturn. We’ve structurally overbuilt retail, office, and housing, and we’ve done so in the wrong places.