3 ms·
the chief selling point of suburban life at all in the United States was that despite all its chain restaurants, its food deserts and its abandoned sense of art
by nimbius 3y ago
the chief selling point of suburban life at all in the United States was that despite all its chain restaurants, its food deserts and its abandoned sense of art and culture, you were supposed to be given the chance at home ownership and the independence promised by generations of American leaders to their people. land ownership: a touchstone of the american dream.
now that homes are commodity investments and few americans can afford them at all the appeal of a suburb is the opportunity to generate passive income for boomer landlords and capital management firms that own vast tracts of the neighborhood. its a chance to pay outrageous homeowners fees for the privilege of servicing your predatory home loan in the hopes of some sort of federal incentive during the next bust cycle.