Our Financial System Favors Large-Scale Development…but at What Cost?
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The Clash of Development Approaches
Exploring the contrast between large institutional developers and community-based incremental developers in urbanism, this chapter delves into the impact of finance on city landscapes. It discusses the role of debt, risk mitigation, and the preference for large-scale projects, shedding light on the challenges and benefits of different development models. The conversation emphasizes the need to consider community impact, long-term stewardship, and financial leverage when tackling urban development issues.
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