There are a host of obstacles which, when taken together, render building smart growth projects both more difficult and less profitable than building conventional sprawl.
"If the market rewards those developers who are willing to forgo diversity and build only single-family homes, or those who build power centers, the future of the smart growth movement becomes extremely murky...The only potential savior for smart growth is this: it appears that people may be more loyal to smart growth projects than conventional projects. And over the long term, that loyalty is worth a lot of money. "
Thanks to Charles Shaw
FULL STORY: Why Building 'Smart' is Hard
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Transportation Research & Education Center (TREC) at Portland State University
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