Housing foreclosures are the tip of the iceberg in William Lucy's tale of a brave new metropolitan future. Historic changes in housing development, revitalization of the central city, new demographic changes, and global warming all play crucial parts in the coming transformation. Offering a sweeping vision, Foreclosing the Dream is a planner's comprehensive guide to future metropolitan development, showing us how to fit together the many changes that might seem unrelated."---Dowell Myers, professor of urban planning and demography, University of Southern California
America entered a profound housing crisis in 2008. The wave of foreclosures that began to sweep the nation has had radical economic effects. But the force, ramifications, and implications for communities across America have never been spelled out as clearly and thoroughly as they are in Foreclosing the Dream.
William H. Lucy has taken a clear-eyed and meticulous look at the latest data and found lessons that the mainstream discussion has overlooked---particularly with regard to the spatial and demographic implications of the housing crisis. The housing market did not collapse uniformly, and the pain has not been felt equally in all age groups. Planners, public officials, activists, students, and others will benefit from Lucy's analysis of the real shape of the crisis, for what happens next will reflect these inequities.
Lucy pulls no punches in this taut, readable assessment of what the crisis will mean for the shapes of our exurbs, older suburbs, and central cities. No responsible planner or housing professional can afford to miss this book.
- Political Science, Architecture
- Public Policy / City Planning + Urban Development, Urban + Land Use Planning
- May 16, 2010
- May 16, 2010
- William H. Lucy