12 million suburbanites live in poverty - Yahoo! News
Fred Pilot sent this link to a story that is buried in the newspapers as well. I have a couple of reactions. First, can we finally have an end to the leftist academics and politicians insisting that cities are full of poor people and suburbs are places of affluence and whiteness? It turns out that now a majority of the nation's poor live in the suburbs, which happen to be place of enormous economic and racial diversity. Second, as Fred notes, what does this suggest about the future of CIDs? I have been arguing for years (and will be arguing at the National League of Cities conference in Reno, where I'm headed today) that we need to watch out for a fiscal crisis in CIDs, as buildings and infrastructure wear out and the reserves are not there, nor is the insurance coverage, nor the construction defect litigation, and therefore not even the bank loan, to pay for repairing and replacing it. Now, add this story to the mix. There are the poor, and also the house-poor. Most of the new housing in suburbs is in CIDs, including loads of former cheesy apartment buildings that are now slightly less cheesy condominiums. Many programs have pushed a lot of relatively low income people into these buildings as first time owners. They, especially, may not have the revenue to do the upkeep and major repairs on these older condo conversion buildings. Tick, tick, tick...

The suburban poor outnumbered their inner-city counterparts for the first time last year, with more than 12 million suburban residents living in poverty, according to a study of the nation's 100 largest metropolitan areas released Thursday. "Economies are regional now," said Alan Berube, who co-wrote the report for the Brookings Institution, a Washington think tank. "Where you see increases in city poverty, in almost every metropolitan area, you also see increases in suburban poverty."