Episode description
This YouTube transcript captures a discussion on the financial and developmental trends impacting American cities. Whitney Alfonso, an expert in public finance, outlines common municipal revenue sources like property and sales taxes, alongside major expenditure areas such as personnel and infrastructure. Dennis Strait, an architect, argues that post-1950 suburban development, driven by automobile use, has created unsustainable infrastructure costs. The conversation explores the lifespan and maintenance challenges of this infrastructure and considers how new urban amenities and the COVID-19 pandemic are further influencing city finances and growth patterns.
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