SOC 206 Lecture Notes - Lecture 19: Jobless Recovery, Urban Renewal, Georg Simmel
8 Dec 2016
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Document Summary
Urban life: housing crisis: the recession beginning in 2008 resulted in millions of people struggling to make payments on their home loans. For many unable to pay, foreclosure was the result: foreclosure rate peaked in 2010 and has fallen since then, by 2013, more than 5 million homes had been lost to foreclosure. Recent recession and new fiscal problems: re(cid:272)e(cid:374)t re(cid:272)essio(cid:374) has (cid:272)aused (cid:272)ities to . Collect lower tax revenues: people lost their homes to foreclosure, factory and office jobs moved overseas, re(cid:272)o(cid:448)ery has (cid:271)ee(cid:374) a (cid:862)jo(cid:271)less(cid:863) re(cid:272)o(cid:448)ery, 2013: detroit declared bankruptcy. Urban sprawl gobbles up the countryside: urban sprawl is the growth of low-density development, contributing factors to urban sprawl in the u. s. Urban sprawl: urban sprawl is rapid, unplanned, and low-density development at the end of urban areas, mixed pattern of new construction, including roads, homes, schools, and shopping areas.
