View Single Post
Old 06-12-2008, 08:30 PM   #9
SebC
tromboner
 
SebC's Avatar
 
Join Date: Mar 2006
Location: where the lattes are
Exp:
Default

Quote:
Originally Posted by MelBridgeman View Post
The market will decide all of this. If people want to be cramped in the beltline in little boxes that apparently is what there true "birthright" is, then they will buy and developers will build.
Surely, if you're going to make an economic argument you should understand that the market only works to produce the most efficient solution when the externalities are internalized. Adjusting tax rates to reflect the real marginal costs to the city of surburban versus inner city development is how you do that.
SebC is offline   Reply With Quote