The Impacts Of Smart Growth Upon The Economy

Anthony Downs provides an overview of sprawl and smart growth. He evaluates the costs/savings of smart growth and argues that smart growth needs to embrace affordable housing if it is to be successful.
June 5, 2003, 1pm PDT | Abhijeet Chavan | @legalaidtech
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"How large would the cost savings from smart growth be in the next 25 years if it could be applied on a national scale? The total saving vs. sprawl over 25 years was about $600 billion, or $24 billion per year... Thus, the long-range impact of smart growth on the state's economy would be a mixed bag --better than pure sprawl, but far short of what smart growth's strong proponents hope for... Whether you call it smart growth or not, you [New Jersey] are at least moving towards exercising more intelligent control over your future than just "letting it happen" as in the past."

Thanks to Kurt Sommer

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Published on Wednesday, June 4, 2003 in AnthonyDowns.Com
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