When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Monday, December 15, 2014

Unsustainable, Dying, Suburbs

Worth a read--

The Suburbs Will Die: One Man’s Fight to Fix the American Dream | TIME: "... Marohn primarily takes issue with the financial structure of the suburbs. The amount of tax revenue their low-density setup generates, he says, doesn’t come close to paying for the cost of maintaining the vast and costly infrastructure systems, so the only way to keep the machine going is to keep adding and growing. “The public yield from the suburban development pattern is ridiculously low,” he says. One of the most popular articles on the Strong Towns Web site is a five-part series Marohn wrote likening American suburban development to a giant Ponzi scheme...." (read more at links above)



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