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Contributing factor: American cities are young enough they haven't had to pay for infrastructure replacement without bail-outs in the form of income from new co
by droopyEyelids 10y ago
Contributing factor: American cities are young enough they haven't had to pay for infrastructure replacement without bail-outs in the form of income from new construction that hasn't faced a replacement cycle yet, or the federal government.
It's called "The Growth Ponzi-Scheme" https://www.strongtowns.org/the-growth-ponzi-scheme/ https://www.strongtowns.org/the-growth-ponzi-scheme/