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by uoaei 1462 days ago
It has been making us poor the whole time, but city budgets are good at hiding the burden we carry. Every municipality you stepped foot in today is probably one that carries significant debt because the rate of return on development of the current style (sprawl-oriented) is terrible. Compare this to higher-density options where people are pedestrians who are free to walk into shops along a boulevard, with no need for parking spaces and drive-thrus, which are shown to be more prosperous for cities and foster more productive and sustainable sources of tax revenue in downtowns and public centers more generally.