• 📉 The Predicament of Financially Unsustainable Cities #390

  • Apr 3 2025
  • Length: 6 mins
  • Podcast

📉 The Predicament of Financially Unsustainable Cities #390

  • Summary

  • This article from Strong Towns examines the financial struggles faced by typical American cities, using Lafayette, Louisiana, as a case study. Through a detailed analysis of revenue and expenses, the piece reveals that many cities have accumulated unsustainable infrastructure liabilities exceeding their tax base. This predicament, termed the “Growth Ponzi Scheme,” stems from a development pattern prioritizing rapid expansion and immediate revenue over long-term maintenance costs. The author argues that this model has led to a situation where infrastructure burdens outweigh the wealth it generates, suggesting a need for a fundamental shift in urban growth strategies.

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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