Tag Archives: finance

Depaving Rural America

Rural counties across middle America are turning paved roads back into gravel.  The WSJ article is from 2010, and I wonder to what extent this trend has continued.  I can’t say that it seems like much of a loss.  I … Continue reading

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Land Value Capture and City Finance

A long post about urban infrastructure finance via “Land Value Capture” from Next American City.  The general idea is that the provision of public goods — roads, sidewalks, transit lines, sewers, utility lines, etc — adds value to the property … Continue reading

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Location Efficiency More Important than Home Energy Efficiency

How important is Location Efficiency?  Median US home price: $175k.  With a traditional 20% down 30 year mortgage, total loan payments amount to about $350k.  Utilities over the same timeframe are around $75k.  And the cost of commuting from suburbia?  … Continue reading

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The American suburbs are a giant Ponzi scheme

Suburbia as Ponzi scheme.  We have subsidized suburban growth through debt and taxes, and reaped the short-term financial rewards of that growth, but at the expense of taking on ever larger long-term liabilities in terms of infrastructure maintenance and a … Continue reading

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The High Cost of Parking at Caltech

Like Pasadena as a whole, Caltech’s population is growing, but we cannot expand geographically. This means both Caltech and Pasadena must increase density by building vertically or packing our buildings more closely together. Pasadena, much to the dismay of some long … Continue reading

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