Small investments in poor neighborhoods are the best way for a community to build wealth. They are also the best way to lift people out of poverty without displacing them from their neighborhood.
A lot of strong towns framing uses “financial productivity” defined as tax revenue per unit area, usually acre. Poor neighborhood’s houses may be cheap, but are packed much more densely, leading to higher revenue per unit area. less in taxes per lot, but also lower maintenance costs per lot.
The efficiency and therefore cost of providing services is a big factor, which I think doesn’t occur to people unfamiliar with the formula Strong Towns uses to assess this. Multiply that higher efficiency by the higher lot density and that’s where the winning numbers come from.
The pictured neighborhood at least isnt that dense. Its still single family homes spaced apart. This whole density for revenue idea has always focused on things like multi story apartment complexes and packed together downtowns.
A lot of strong towns framing uses “financial productivity” defined as tax revenue per unit area, usually acre. Poor neighborhood’s houses may be cheap, but are packed much more densely, leading to higher revenue per unit area. less in taxes per lot, but also lower maintenance costs per lot.
The efficiency and therefore cost of providing services is a big factor, which I think doesn’t occur to people unfamiliar with the formula Strong Towns uses to assess this. Multiply that higher efficiency by the higher lot density and that’s where the winning numbers come from.
The pictured neighborhood at least isnt that dense. Its still single family homes spaced apart. This whole density for revenue idea has always focused on things like multi story apartment complexes and packed together downtowns.
Those lots are probably a quarter the size of the lot I’m on, in a affluent suburban house. Maybe even smaller
Its true that it’s not that dense though.
It’s also pretty likely that there are more residents per house than a typical affluent neighborhood.