suburban squalor

Reading an article about Malls in Fortune magazine. Both the mall of america and Southdale are photographed in the article (this might explain why many people from minneapolis despise the suburbs). There is a quote from the article quoting a previous story in Fortune during the 60's describing malls as 'graceless buildings that are little more than merchandise barns' part of a larger 'squalor-of-affluence spreading across the U.S. like a Technicolored fungus mold' created by 'pathologically profit-minded enterprises striving to outdo each other in the creation of eyesores'

I particularly like the part about 'squalor-of-affluence'