A wealth-creating pattern of development
In classical economics, there are three factors of production: land, labor, and capital. Good regulation of private land, and good management of public land, can attract labor and capital. In order to flourish, municipalities must ensure their policies and regulations facilitate (i.e. make profitable) the land development patterns shown on the right below. Instead, most are set up to encourage the patterns on the left: parking minima, setbacks, use-separated zoning and LOS-first public spaces. The result is that infrastructure liabilities far outweigh their tax base, they repel both capital and labor and end up broke.
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Neil Salmond
Who is Joe Minicozzi?
He can dazzle you, your boss, and your local governing board with his numbers. His tax analysis of comparing compact downtowns to urban sprawl is really awesome. He shows that even the crappiest little downtowns well outperform the traditional power centers we’ve all come to loathe (or love?). It’s really hard to argue with his analysis. And how he delivers the message. It’s powerful.
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Charles Marohn
Substitutes for Stucco
Try to imagine an entire faux main street/lifestyle center in which the store fronts jump up and down and in and out. Now imagine that every third store employs this veneer. ...
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Charles Marohn
Is a street an asset?
Current accounting practices do not bear any relation to the future cash flow or the actual financial health of the city. When cities take on obligations, they should be properly accounted for as liabilities, not assets.
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Charles Marohn