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It's there, but here's more evidence and data to back up the assertion that suburbs are a net drain on city finances, with more cost than tax revenue from prope
by fnimick 3y ago
It's there, but here's more evidence and data to back up the assertion that suburbs are a net drain on city finances, with more cost than tax revenue from properties: https://www.strongtowns.org/journal/2018/4/16/where-did-the-money-go https://www.strongtowns.org/journal/2018/4/16/where-did-the-...
- pdonis 3y agoThis article isn't saying suburbs are a drain on cities. It's saying that cities have overextended themselves because of skewed incentives imposed on them by government policies (the main one being printing money to fund real estate development). The solution to that is not to abolish suburbs. It's for the government to stop imposing skewed incentives.
- fnimick 3y agoThe article explicitly highlights modern car centric development as not paying for itself.
- danny_codes 3y agoMy man is using a strategy I fondly refer to called "burning the head in the sand"