Why Big Budgets Create Bad Projects

Chuck is joined by Joe Minicozzi, founder of the geoaccounting organization Urban3. They compare notes on the highway projects each of their cities is facing and discuss whether these projects bring value. They also talk about how Airbnbs affect the housing market and whether they should be taxed as houses or hotels.

• The book Joe and Chuck refer to at the end of the episode is "Overbuilt: The High Costs and Low Rewards of U.S. Highway Construction" by Erick Guerra.
• Click here to watch the video version of this conversation on YouTube.
• Joe Minicozzi
• Urban3 (site)
• Chuck Marohn (Substack)

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