John F. Wasik
John Wasik, a columnist for Bloomberg News and the Huffington Post, has written a book that examines the recent period in our history when homeownership actually made many people poorer. They have been forced to tap their home equity, go into debt to finance their unsustainable lifestyle, and contributed little to retirement investing because of the misguided assumption that home appreciation would fund their future years. Basically the period of time when homes stopped being a place to live and raise family, and became a temporary abode for a migrant family that changed residences every 5 to 7 years.
As John Wasik himself has said on his Cul-De-Sac Syndrome website:
After a lifetime of research and observation, an agonizing decline of the housing market, publication delays and collapse of the stock market, my Cul-de-Sac Syndrome has braved all odds to be published.
Why should you care about this book? It’s about our homes and communities and how we need to re-invent, re-envision and re-build the American Dream if we want to survive in this contentious century. Economics meets ecology in this radical new look at what we’ve taken for granted as a birthright.
The plight of the housing market writ large. The unsustainable “spurbs”, Wasik’s name for car-dependent sprawling urban areas, dot the land. I lived for a time in Colorado Springs and had friends who lived in one these spurbs. They had a twenty minute drive to get to the nearest grocery store, and the neighborhood was more a fenced-in plots of anonymous neighbors, than a community.
The City of Kenmore has a chance to make itself a more livable city, a more walkable city. It also needs to make itself more attractive to more manufacturing and office jobs, since retail and other service oriented businesses just isn’t enough.
Decide for yourself, you can pick up a copy of his book from my Sustainable Living Store.