When we talk about housing, in North America the discussion almost always comes down to 1) own a house in the 'burbs or 2) rent an apartment in the city. One commentator at Bloomberg wrote:
"With gasoline at $4-plus a gallon, lots of thinking people see the U.S. undergoing a vast demographic shift, with millions of people moving back to cities. The suburbs, and those places beyond the suburbs, the exurbs, will dry up and blow away.
The notion appeals especially to people who like to think they'll be in charge after the revolution. They would apparently love nothing more t...
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