Editor's note: The foreclosure crisis is reshaping cities and towns across America. Planners are taking note of contributors to the current problems and are taking action to address the crisis while avoiding such massive fallout in future real estate market downturns. This three-part series focuses on the how the foreclosure wave has hit suburbia, urban communities and rural communities and how they are responding to the challenge. Don't be surprised to see America's Tomorrowland going retro. The glut of foreclosed homes, abandoned houses and half-built subdivisions will reshape tomorrow's real estate landscape into cities and towns reminiscent of the pre-World War II era, urban and community planning experts predict. Picture bustling downtowns with twentysomethings and empty-nesters living in high-rise condos, suburban villages with light-rail lines, quaint shopping districts and scaled-down McMansions and rural towns with public transit stops and high-density mixed-use...
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