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The economic failings of these Boomer towns reminds me of this article in Citylab, about how cities pay for current infrastructure by selling more land for deve
by AceJohnny2 7y ago
The economic failings of these Boomer towns reminds me of this article in Citylab, about how cities pay for current infrastructure by selling more land for development. It's an unsustainable pyramid scheme.
https://www.citylab.com/life/2011/10/suburban-sprawl-ponzi-scheme/242/ https://www.citylab.com/life/2011/10/suburban-sprawl-ponzi-s...
Overall, these articles are an interesting insight into the hidden financials of urban development. And, sadly, the failings of those financial schemes.