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by dangus
49 days ago
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Even worse, this cycle has been repeating since the advent of the automotive suburb: 1. New suburb is built, new residents are attracted by new housing stock and good value. 2. 40 years pass, the built infrastructure has aged to the point of needing refurbishment or replacement 3. Suburban government is forced to raise property taxes to cover maintenance 4. Affluent residents leave as they are attracted to a more recently built suburb with new housing stock and lower property taxes 5. Repeat steps 2-4 |
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