The American suburban pattern of development does not pay for itself: a city takes the cash from new growth and, with it, a maintenance bill it can never cover.
Mental modelSecond-order thinking
Charles Marohn Civil engineer and land use planner Put these two characteristics together and you have a key insight; Cities routinely trade near-term cash advantages associated with new growth for long-term financial obligations associated with maintenance of infrastructure. The Growth Ponzi Scheme, Part 1strongtowns.org · 17 Jun 2011All korrents from this piece
Their wordsPut these two characteristics together and you have a key insight; Cities routinely trade near-term cash advantages associated with new growth for long-term financial obligations associated with maintenance of infrastructure.