How Bankrupt American Cities Stay Alive - Debt [ST04]

Caption notes

In this episode of his Strong Towns series, the creator of Not Just Bikes asks how some car-dependent, low-density American communities have kept operating despite the long-term fiscal pressure he describes. The video distinguishes the money used to build roads and utilities from the money needed to replace them years later. In his account, revenue from new development can temporarily help pay for older infrastructure, while the new infrastructure brings maintenance and replacement costs of its own.