3 ms·
Why does it cost prohibitively more to raze a house and build a new one? Or repave a road over building a new one? At least some infrastructure is reusable and
by blfr 9y ago
Why does it cost prohibitively more to raze a house and build a new one? Or repave a road over building a new one?
At least some infrastructure is reusable and you get residences closer to the city therefore much more valuable than outer suburbs which are doing better. You beat the city by offering a real backyard. There, sold.
Some people will still live farther out and others will remain in the city but you should have no trouble finding younger families happy to live there. This is not the issue.
- exelius 9y agoSewer and water are the big tent poles there because you really can’t put it off for too long (see Flint, MI). Which usually requires tearing up roads.
- twobyfour 9y agoIt's not uncommon for new development to be subsidized by regional or state (or in the case of building roads, federal) entities in a way that maintenance and replacement are not. Plus maintenance/replacement disrupts other infrastructure and activity in ways that greenfield development doesn't.