Re:We’d rather have the iceberg than the ship
by notacoward on Friday July 23, 2021 @06:09PM
(#27936188)
> If single family homes can pay for their requisite infrastructure without external subsidy
...and they basically don't, over time. The initial boost in property-tax revenue is eventually overwhelmed by the maintenance costs for all that sprawling infrastructure. It's one of the drivers behind the churn that OP is all about. A fuller exposition was discussed here recently.
...and they basically don't, over time. The initial boost in property-tax revenue is eventually overwhelmed by the maintenance costs for all that sprawling infrastructure. It's one of the drivers behind the churn that OP is all about. A fuller exposition was discussed here recently.
https://news.ycombinator.com/item?id=27727133