How Bankrupt American Cities Stay Alive - Debt [ST04]
Not Just Bikes · 7 HN recommendations
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Not Just Bikes explains how many American suburbs, built all at once rather than incrementally, cannot cover their infrastructure costs and survive on growing debt. It draws on Strong Towns' work on the growth Ponzi scheme.
Why HN recommends it: Recommended as an introduction to the finances of suburban sprawl and its long-term consequences.
“I highly recommend this video on the finances around urban sprawl and their long term consequences” Read on HN ↗