Transaction costs in city development are very high and change takes forever. I doubt the "free market" (how free exactly?) would converge in reasonable time. I

Transaction costs in city development are very high and change takes forever. I doubt the "free market" (how free exactly?) would converge in reasonable time. I also find it plausible that the price of anarchy in city planning is very high. For example I doubt that the free market would ever build public transport.