25 ms·
Suburbs are "cheaper" because it's a ponzi scheme. When older suburbs eventually have to face the bills of renewing their ultra expensive infrastructure costs h
by Tiktaalik 5y ago
Suburbs are "cheaper" because it's a ponzi scheme. When older suburbs eventually have to face the bills of renewing their ultra expensive infrastructure costs hollow out and decline, developers simply build a new suburb and people move.
That new suburb is of course in no way economically sustainable.
https://www.strongtowns.org/journal/2017/1/9/the-real-reason-your-city-has-no-money https://www.strongtowns.org/journal/2017/1/9/the-real-reason...