The Growth Ponzi Scheme and Suburban Municipal Finance
Strong Towns · Explainer · 11 min · 2023 · YouTube title: This Ponzi Scheme Might END Suburban Prosperity
Why it's here
Recommended in urban planning threads as a clear account of suburban municipal finance.
What it covers
Strong Towns explains the Growth Ponzi Scheme, in which post-war suburban growth takes on infrastructure costs that new development must keep funding. It describes why municipal finances become insolvent.