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> the urban core generates surplus revenue that is used to subsidize low-productivity outlying areas What's so surprising about it? You work (and produce) in t
by pif 10y ago
> the urban core generates surplus revenue that is used to subsidize low-productivity outlying areas
What's so surprising about it? You work (and produce) in the overcrowded center and then go back to a nice suburb for the evening.
- panglott 10y agoNo one said it was surprising, but the article's argument is that the subsidies to the outlying suburbs are so large that they are overwhelming the tax revenue generated by the core. People find different things pleasing, and some people enjoy commuting so they can live quite far from their job, friends, and basic services. Others prefer to live closer to these things, close enough to walk, cycle, or take transit. Based on prices, it's clear that in many metro areas, there's a great demand for urban-style living that is going unfulfilled, mostly do to zoning restrictions.
- II2II 10y agoIt may not be surprising, but many find it disagreeable. Residents of those overcrowded centres are rarely enthusiastic about subsidising the suburbs. Businesses often find it difficult to exist in the centre, both due to taxation (again, to subsidise the suburbs) and the difficulty in convincing car-centric suburbanites to drive downtown. Those subsidies can be quite significant, ranging from roads and poorly utilized transit routes to developing land and services that will be under utilized (e.g. parks and recreation centres).