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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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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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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What is your hometown famous for?
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One of the ways our members advocate for building strong towns is through their own blogging. Here’s some recent highlights from our Member Blog Roll.
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We can’t over-simplify the dynamics of all that has happened in Ferguson, but it’s obvious that our platform for building places is creating dynamics primed for social upheaval. The auto-oriented development pattern is a huge financial experiment with massive social, cultural and political ramifications.
Read MoreCurrent 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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