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by jodrellblank
1162 days ago
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If that's what you've taken away from it, you need to rewatch it; the financial theme is not "sustainable cities are impossible" the theme is "American sprawling car dependent suburbia is insolvent because it doesn't generate enough tax revenue to pay for the sprawling roads/water/sewage/garbage disposal/other services that it uses", and it's like a Ponzi scheme where the construction and sale of a new chunk of suburbs pays for the maintenance work on the previous one. Denser inner-city areas generate much more tax revenue with less cost of services because they have to cover a smaller area, and this can be solvent and subsidises the suburbs. https://www.youtube.com/watch?v=7Nw6qyyrTeI "Suburbs are subsidized: Here's the Math" NB. the last time I linked this on HN someone dismissed it as "Strong towns propaganda" claiming that if suburbs didn't exist, everyone would starve. They completely failed to respond to followup questions about cities which are not sprawling suburbs and are not starving. https://news.ycombinator.com/item?id=35238666 |
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I’ve written about them before: https://news.ycombinator.com/item?id=34599508
For convenience, they include: Arlington (1635), Belmont (1849), Waltham (1884), Watertown (1630), Lincoln (1754), Wellesley (1881), Newton (1688 town, 1874 city) among others.