Fresh Loaf

In late 2007, Georgia Tech professor Dan Immergluck released a study that added numbers to a sneaking suspicion: Property taxes were rising fast along the southern half of the Beltline, the 22-mile loop of parks, trails and transit planned to circle Atlanta’s urban core, and posing a problem for longtime residents unable to afford the uptick.

The study served as a reminder that for all its promises of parks, streetcars and smart-growth development, the Beltline could potentially cause displacement and gentrification — and have a negative impact on the neighborhoods the project is designed to help.

Immergluck’s followed up the study with Foreclosed!, a new book about the origins and aftershocks of the nationwide housing market meltdown.

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• POWER OUTAGE: Nearly 200,000 homes in Michigan without power after winter storms. Now the Midwest is bracing for possible floods.

• LORDS OF DOGTOWN: Skaters in Fresno, Calif., are taking advantage of the skyrocketing foreclosure rate.

• SIGN OF THE TIMES: Newly incorporated cities Milton, Johns Creek and Sandy Springs having trouble finding their footing.

• FOR THAT HOURGLASS FIGURE: Atlanta’s Spanx will sell “mirdles,” aka man girdles, next year.

• DIRTY BIRDS: Heading to the playoffs. Falcons head coach Mike Smith asks, “Why not us?”

• BARGAIN HUNTING: After-Christmas shoppers are pickier than in years past.

• AULD LANG SYNE: Check out CL’s one-stop shop for New Year’s Eve events around the city.

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