BuildZoom, a company that helps consumers find contractors, released a study on the expansion of American cities over the past 60-plus years.
According to BuildZoom’s chief economist, Dr. Issi Romem, the expansion of cities as a whole hasn’t slowed down. In fact, many are expanding a similar rate seen in the 1950s.
Cities throughout the nation are going through one of two processes: expanding or growing more expensive. Those cities that are becoming more expensive are typically the same ones that are limited to outward expansion by geography.
[Tweet “Chicago expansion decreased 7.5 percent from the ’70s to 2000s”]
In Chicago, expansion has decreased by 7.5 percent in 2000 compared with the 1970s. In terms of square miles, Chicago expansion dipped from 296.14 to 273.86 in 2000.