We need to confront the reality that sprawling automobile-dependent communities are too expensive to defend and maintain. The ever higher costs of disasters and the surge in unhoused people shows that we need to adapt with drastically lower housing costs and a resetting of Americans' expectations. We're looking at a future of strategically defensible places and buildings, in a much denser context than suburbs.
The challenge with revolving funds or bonds is they are a debt that will have to get paid back - with more taxes. What about communities that don't have the real estate value to support, or communities already over-taxed?
We need to confront the reality that sprawling automobile-dependent communities are too expensive to defend and maintain. The ever higher costs of disasters and the surge in unhoused people shows that we need to adapt with drastically lower housing costs and a resetting of Americans' expectations. We're looking at a future of strategically defensible places and buildings, in a much denser context than suburbs.
Fascinating! Great insights into the financing of climate adaptation!
The challenge with revolving funds or bonds is they are a debt that will have to get paid back - with more taxes. What about communities that don't have the real estate value to support, or communities already over-taxed?
There is another way, other than just more debt.