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Journal

Accounting

Accounting

The latest ideas, insights and action around transparent local accounting.

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What Strong Towns Really Says About Infrastructure Spending

Are urban areas really more financially sustainable than suburbs? Do urban areas inherently have higher infrastructure costs? Here's what Strong Towns actually says about the Suburban Experiment and infrastructure spending.

Accounting
Highways
What Strong Towns Really Says About Infrastructure Spending
Oh Great, More Subsidized Housing (No, Not That Kind)

Housing
Accounting
Oh Great, More Subsidized Housing (No, Not That Kind)
It’s Not Just Houston That’s Broke. So Are Silicon Valley Cities.

The financial struggles of Houston and the cities of the Silicon Valley area—as well as tens of thousands of others across North America—have the same underlying cause.

Accounting
It’s Not Just Houston That’s Broke. So Are Silicon Valley Cities.
Here’s the Real Reason Houston Is Going Broke

Houston’s fiscal problems are less critical than other major cities with large budget shortfalls—yet, their mayor is correct when he said his city is broke, that the financial approach of the city is clearly not working. Here’s why.

Accounting
Here’s the Real Reason Houston Is Going Broke
Christmas Cookie Inflation Index, 2023 Update

"I have long believed that Americans are being gaslit when it comes to inflation, that official statistics understate the inflation we all experience."

Accounting
Christmas Cookie Inflation Index, 2023 Update
Rent Control Is an Anti-Displacement Policy, Not an Affordability Policy

Rent control is best viewed as a short-term protection against being priced out of one’s own home, not a scalable affordability policy.

Housing
Accounting
Rent Control Is an Anti-Displacement Policy, Not an Affordability Policy
Stop Subsidizing Suburban Development, Charge It What It Costs

I was asked how much the typical suburban development is costing this Tennessee city. Here’s what I found.

Accounting
Stop Subsidizing Suburban Development, Charge It What It Costs
Can a Stadium Save Philadelphia’s “Dead Zone”?

Stadium promises are seductive, but can they unlock real value in the heart of a struggling urban district?

Accounting
Can a Stadium Save Philadelphia’s “Dead Zone”?
Progress Isn't Inevitable

"Cities can be so wonderful for so many people. Let’s not screw this up."

Accounting
Highways
Progress Isn't Inevitable
Highway Ramps Promised To Deliver Chester From Hardship. Residents Are Still Waiting.

Highways
Accounting
Highway Ramps Promised To Deliver Chester From Hardship. Residents Are Still Waiting.
Christmas Cookie Inflation Index, 2022 Update

In 2019, my basket of cookie baking ingredients cost $49.94. In 2022, that same basket costs $64.48.

Accounting
Christmas Cookie Inflation Index, 2022 Update
Letting Ugly Things Grow

“Who is the first, or next, person, business, or entity that is going to come in and make something of this place? What does that wave of succession look like? And are we allowing that action to occur?”

Housing
Accounting
Letting Ugly Things Grow
Christmas Cookie Inflation Index, 2021 Update

What grandma's recipe for Christmas cookies tells us about inflation.

Accounting
Christmas Cookie Inflation Index, 2021 Update
Doing the Math in Calgary

Calgary — like so many North American cities — is like an intergenerational dine-and-dash. Our children will get the bill.

Accounting
Doing the Math in Calgary
How to #DoTheMath for Non-Math Majors

You don’t have to be a math wizard to figure out if your town or city has more infrastructure than it can afford. Just follow these 5 simple steps.

Accounting
How to #DoTheMath for Non-Math Majors
The Christmas Cookie Inflation Index

What can grandma's cookie recipe tell us about inflation?

Accounting
The Christmas Cookie Inflation Index
The Growth Ponzi Scheme: A Crash Course

Ponzi schemes fail because they are built on illusions: there is no there there. So what happens when an entire continent of towns and cities is caught up in a kind of Growth Ponzi Scheme? We are finding out.

Accounting
Housing
Highways
The Growth Ponzi Scheme: A Crash Course
I Did the Math on My Town’s Cul-de-Sacs. Here's What I Found.

A detailed analysis of 12 cul-de-sacs show the Suburban Experiment is a dead end. What will it take to make this city solvent?

Accounting
I Did the Math on My Town’s Cul-de-Sacs. Here's What I Found.
Niagara’s Fall and Asheville’s Unlikely Rise

70 years ago, these two historic cities were on a similar path. Then one fell into debt while the other was swimming in money. You might be surprised by what they each look like today.

Accounting
Niagara’s Fall and Asheville’s Unlikely Rise
America's Growth Ponzi Scheme

The American pattern of development creates the illusion of wealth. Today we are in the process of seeing that illusion destroyed…and with it the prosperity we have come to take for granted.

Accounting
America's Growth Ponzi Scheme
We've Built Cities We Can't Afford

Kansas City, Missouri, has a serious infrastructure problem. But an emerging conversation is charting a path toward greater strength and financial resilience.

Accounting
We've Built Cities We Can't Afford
Value Per Acre Analysis: A How-To For Beginners

Accounting
Value Per Acre Analysis: A How-To For Beginners
The Real Reason Your Local Mall is Failing

The closing of the mall’s anchor store exposes how fragile the community’s business model is, providing an opening to shift approach.

Accounting
The Real Reason Your Local Mall is Failing
The Little House, A Story of Incrementalism

What a children's book can teach us about land value.

Housing
Accounting
The Little House, A Story of Incrementalism