Lies in Wise Government Planning and Spending
The immediate gratification outweighs the reality that the long-term cost of sprawl will leave a city either bankrupt or unable to maintain crucial infrastructure, let alone pay for very costly new projects to adapt to climate change.
The immediate gratification outweighs the reality that the long-term cost of sprawl will leave a city either bankrupt or unable to maintain crucial infrastructure, let alone pay for very costly new projects to adapt to climate change.
“Psychologists call this temporal
discounting. Humans are predisposed to highly value pleasure today and to
deeply discount future pain, especially the more distant it is.
Paying the
piper is decades away, so it’s too far down the road to be a factor,” said
Joseph Minicozzi, a principal of Urban3, a consulting company of downtown
Asheville real estate developer Public Interest Projects.
Minicozzi has
developed award-winning analytic tools that have garnered national attention
for creating a paradigm shift for thinking about development patterns.
Minicozzi, who worked with Strong Towns in Lafayette, creates vivid reports
that show compact, center core development is far more valuable to cities than
strip centers and suburban sprawl housing.
No comments:
Post a Comment