Generally: our cities are in bad shape and are in decline. Most expanded too big too fast due to subsidies and an abundance of land + wealth, and generations later can’t afford to maintain basic infrastructure. And if you’re in a part of town where you can visibly tell your government isn’t making the reinvestments to maintain basic stuff, you wouldn’t be incentivized to fork up lots of capital to maintain your own property/business.
Generally: our cities are in bad shape and are in decline. Most expanded too big too fast due to subsidies and an abundance of land + wealth, and generations later can’t afford to maintain basic infrastructure. And if you’re in a part of town where you can visibly tell your government isn’t making the reinvestments to maintain basic stuff, you wouldn’t be incentivized to fork up lots of capital to maintain your own property/business.