The ‘Burbs

I fully agree with this, from Henry Ellenbogen in this weekend’s Barron’s Roundtable issue: One of the most fundamental trends that will come out of 2020 is that America will spread out. The first suburbanization trend started in 1810. I would argue that we are now in the fifth phase, and it is going to be as powerful, if not more so, than the first four. Knowledge workers are going to be able to separate econ...

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