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The outer suburbs aren't economically sustainable either, they are just new enough that the maintenance burden of old infrastructure hasn't hit them[1]. [1] ht
by TheCoelacanth 9y ago
The outer suburbs aren't economically sustainable either, they are just new enough that the maintenance burden of old infrastructure hasn't hit them[1].
[1] https://www.strongtowns.org/the-growth-ponzi-scheme/ https://www.strongtowns.org/the-growth-ponzi-scheme/
- sliverstorm 9y agoTo me the summary of that discussion seems to be simply, "budgeting failure". Unfunded liabilities are very expensive after they've accumulated for thirty years. They are not very expensive when regularly, progressively funded.