How American Suburbs Survive on Infrastructure Debt
Not Just Bikes · Explainer · YouTube title: How Bankrupt American Cities Stay Alive - Debt [ST04]
Why it's here
Recommended as an introduction to the finances of suburban sprawl and its long-term consequences.
What it covers
Not Just Bikes explains how many American suburbs, built all at once rather than incrementally, cannot cover their infrastructure costs and survive on growing debt. It draws on Strong Towns' work on the growth Ponzi scheme.