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Thu December 22, 2011
'Smart Decline' May Cure Zombie Subdivisions
The suburban Southwest is awash with empty lots and zombie subdivisions — developments that have been abandoned by builders. Experts believe up to a million dirt lots in central Arizona were in some stage of approval for new homes when the housing market crashed. Urban planners say to fix the zombie problem, the state must realize the that people are leaving the suburbs and should consider "smart decline." Peter O'Dowd of member station KJZZ explains.