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Build A House, Tear It Down

Scott Cameron, our intrepid editor, pitched this story last week: In Texas and California, a bank commissioned the destruction, by bulldozer, of 12 brand-new houses, which hadn't sold.

Richard Florida, whom we've interviewed a few times, has the details on The Atlantic's website, and this incredible video:

This may be just the tip of the iceberg. Once desired, suburban and ex-urban communities with cul-de-sacs, McMansions, and long commutes could be on their way to becoming the blighted and abandoned communities of tomorrow...