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timeasmymeasure
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Date: 2012-02-06 07:30 pm (UTC)Presumably some combination of cheap gasoline, white flight/rich flight during the late 20th century urban crisis, and the general postwar white-picket-fence dream fueled the original expansion.
And then during the 2000s there was a real-estate bubble while real wages were flat, and people and companies were driven out into the hinterlands by sheer price pressure, only to get caught holding the bag when the market collapsed.