Housing News

Comparing Cities and Suburbs

Is it wise to move in?

Talk about the city and you’ll get a picture of harsh urbanism with polluted environment and a populous “megapolis” that only prospects for one’s career can compensate any first time homeowner. The City Mayors Society writes, “Employment and educational opportunities are the main attraction of urban centers. But hopes for a better life are often dashed as overpopulation puts a huge strain on cities’ infrastructures and their ability to provide basic necessities – like clean water and a decent place to live… the demands of transport, improved housing for slum residents, environmental protections and other issues must all be addressed in tandem to catch up to residents’ needs.”

Recently, the Census Bureau ranked Dallas as the city with the most population gain. William Frey, a demographer for the Brookings Institute, says, “Texas stands as the most prominent Sun Belt survivor of the last half of the decade because of its diversified economy, smaller run-ups in housing prices, and fewer foreclosures.”

The same report by CNNMoney.com states, “Dallas-Fort Worth and Houston gained the most new residents of any city—netting more than 140,000 each… These figures are an advance look at what to expect when the 2010 census results are released in December. The population figures determine how much federal money states and cities receive, as well their representation in Congress, among other things.”

You may wonder if it still pays to buy a home in these areas considering the huge rise in residents. After all, don’t city dwellers wish they could take the time off to settle in areas where there’s less hustle and bustle? To prove, thePew Research Center, a Philadelphia non-profit institute, finds out in its research that “Suburban residents express the highest levels of satisfaction and the lowest levels of dissatisfaction with the communities in which they lived. More than four-in-ten suburban residents (42%) consistently give high marks to their communities as places to live, compared with 25% of adults living in small-town America. A third of city dwellers and somewhat fewer rural residents also give their communities top grades.”

This makes me realize then how lucky most people in suburbs are. They live in communities with a steady growth of population and they’re completely satisfied with it.

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