We burn money on these projects either way. A good windfall to property owners gives regular families a chance at enjoying some profits… and makes donors who block progress just a little easier to track!
I'd like to see graft tackled by more competitive elections (multi-party, ranked-choice, easier voting processes, etc.) rather than simply gutting the government so it can't do anything at all... I think the conservatives call that starving the beast? https://en.wikipedia.org/wiki/Starve_the_beast
That just puts government in a death spiral and drags huge swaths of society down with it.
By comparison, a small degree of graft is an inefficiency inherent in any large organization. As a taxpayer or customer, it doesn't necessarily matter to me whether $20 of my $100 goes to a politician's vacation home or the CEO's yacht, as long as the shit gets built effectively. If it gets to $50 or $80 of that $100 though... yeah, shit's broken.
Political donor: Hey Mr. Politician, I am going to buy some massive apartment complexes. Do me a favor and put a road through them, would you?
Politician: Sure thing, there's an election coming up and I do so love helping out our citizens! holds out hand to receive wads of donations