Public infrastructure intended to facilitate development can motivate sprawl and decline. That is the result when even well-designed and well-executed infrastructure inflates the price of well-served prime sites. High land prices chase development away to cheaper, but more remote sites (sprawl). Likewise, policies and programs intended to assist distressed communities can lead to higher land prices (rents) and the displacement of the intended beneficiaries.
This class addresses the market forces responsible for sprawl, poor housing options and economic decline. Participants will learn innovative and effective policy solutions that can promote economic recovery without additional public spending or loss of revenue. Attendees will learn that HOW we collect public revenue is just as important as HOW MUCH revenue we collect.