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A comment on Why American cities can’t keep up with infrastructure maintenance (2017). Parent comment

Re:Why American cities can’t keep up with infrastructure mai... by daniellarusso on Sunday October 04, 2020 @02:20PM (#24681074)
How different things could be if municipalities could run deficits?

Municipal bonds are almost like student loans in the US.

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Re:Why American cities can’t keep up with infrastructure mai... by bradlys on Sunday October 04, 2020 @02:41PM (#24681251)
I think there is another article about a road being constructed for $30 mil or something absolutely crazy when it’s not needed at all (and the road would fall apart before they could repay the loan). The basic gist I got was: when loans become more available, things start getting constructed when they aren’t needed at all and costs balloon fast.

Like student loans, easier access means they can charge more.

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