suburbs

Walking isn't just good for you. It has become an indicator of your socioeconomic status. Until the 1990s, exclusive suburban homes that were accessible only by car cost more, per square foot, than other kinds of American housing. Now, however, these suburbs have become overbuilt, and housing values have fallen. Today, the most valuable real estate lies in walkable urban locations. Many of these now pricey places were slums just 30 years ago.

As of late, the mortgage interest deduction (MID), a tax break many Americans have become accustomed to, has become the focus of much debate and controversy. It first became the subject of heated discussion when President Obama’s debt commission suggested its reduction. They argued that in addition to reducing deficits, such reform could also help slow the growth of sprawl.