Municipal Solvency: How to Not Go Broke

4 thoughts on “Municipal Solvency: How to Not Go Broke”

  1. So you’re advocating what the New Urbanists would call a “transect” but service and infrastructure levels decrease with density. Have you tried to make this point to the New Urbanists?

    1. I travel across the country often. I make comments about the financial insolvency that’s already baked in to the cake and local officials are incapable of using that information in any meaningful way. The suburbs have been built. They’re occupied by voters who expect certain things. This isn’t a conversation that anyone with a position in government can pursue and expect to stay employed for very long. The problem will fix itself as failure and abandonment set in. I’m fine with that.

  2. All examples are good, but it would have benefited by inclusion of the third sustainable type, something like Chestnut Hill in Philadelphia — a streetcar or railroad suburb for the wealthy. Where there aren’t that many houses, they look suburban… but every one of the owners *can* afford that $31K bill no prob and won’t even blink at paying it.

    1. But how does it stay that way? If the very rich people move on, it’s not sustainable as middle class and down it goes. Are the rich people maintaining the railroad?

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