Just ask Mr. Resch.

It's what we've been saying. If local builders and developers don't believe it, they might ask Steve Resch to explain, because while their suburban business is down, his is up. How'd he do that?

Thanks to JP for the link.

'Smart Growth' Taking Hold in U.S. Cities, Study Says, by Gabriel Nelson (New York Times, via Greenwire)

Redevelopment of urban centers has continued to outpace construction in the outskirts of suburbia, according to a recent U.S. EPA study, suggesting a "fundamental shift" has begun in the real estate market as the Obama administration pushes denser development through its "livability" initiative.