Why American Cities Are Broke - The Growth Ponzi Scheme [ST03]
Not Just Bikes · 14 HN recommendations
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Not Just Bikes explains the Strong Towns argument that car-dependent American suburbs cost more to maintain than they generate in taxes. It describes the growth Ponzi scheme that props up municipal finances.
Why HN recommends it: HN keeps pointing to it as the clearest explanation of how low-density infrastructure is financed and why it is unsustainable.
“I can't recommend this video [1] by Not Just Bikes enough.” Read on HN ↗