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But it kind of is a great moral problem: A whole lot of infrastructure in the US is way overbuilt, with maintenance sent forward decades. The cost of the infras
by hibikir 3y ago
But it kind of is a great moral problem: A whole lot of infrastructure in the US is way overbuilt, with maintenance sent forward decades. The cost of the infrastructure isn't really handled by the people that built it, or those that use it today: It's left as a giant ball of debt to children and grandchildren.
A major reason for problems with old suburbs is that, unless they massively appreciated in value, and accept very large taxes, the per-house costs of rebuilds and maintenance isn't handled by the people that live in said suburb, but kicked outward. There's all kinds of very bad incentives, caused by how we have this kind of infrastructure. It's all over midwestern cities, and the outer suburbs that are getting built are doing the very same thing.