The Strong Towns Podcast Debunking the "Slow and Incremental" Myth: The Key to Rapid Housing Growth
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Jan 20, 2025 The common myth that incremental housing development is slow is debunked, revealing that smaller projects can actually enable faster growth. Insights are shared on the power of compounding effects in the housing market, urging a shift from massive developments to more manageable strategies. The conversation draws parallels between parenting and urban development, emphasizing growth challenges. Historical transformations of frontier towns illustrate rapid, incremental change, while community engagement is highlighted as crucial for navigating urban housing challenges.
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Incremental is Fast
- Incremental development is not slow, but rather the key to rapid growth.
- Large projects often lead to lengthy processes and financing issues, hindering speed.
Dunkirk Analogy
- Chuck Marohn uses the Dunkirk evacuation as an analogy.
- He compares large, slow ships to small, nimble boats.
The King and the Penny
- Chuck Marohn shares the story of a king and a penny to illustrate compounding.
- Doubling a penny daily for 30 days results in over $10 million, demonstrating exponential growth.