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“How we invest in our cities is broken.
When we use public money to build new parts of our cities — think roads, pipes, parks, schools, or train stations, the aim is to kick start funding for housing or other infrastructure to flow in ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
When we use public money to build new parts of our cities — think roads, pipes, parks, schools, or train stations, the aim is to kick start funding for housing or other infrastructure to flow in ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... Large house builders and real estate developers then buy up land nearby to capitalise on these public goods by speculating on that land, or failing that, doubling down on profit by building as fast and as cheaply as possible ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... The justification for this upheaval and remodelling is that the money the public puts in will eventually be paid back through jobs or taxes. Yet the pay back often falls short of the public investment, and creates huge social costs along the way ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... As government resources continue to be cut back, the public sector has become locked into funding new infrastructure by inflating the housing market, and picking up the costs it creates ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... Not only does this benefit a smaller and smaller group of people, it produces an incredibly narrow vision of what our cities could become. — the car dependant, identikit apartments, ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... with copy-and-paste high streets, and privatised public space that are currently filling up the peripheries of our cities with low quality, unsustainable neighbourhoods. This isn’t a productive way to make our towns and cities better — ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... this is the sponsored creation of private wealth by cannibalising public goods. It’s not that we can’t design more sustainable and equitable cities (or that nobody is trying to) ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... it’s that this large, top down, centralised model of investment isn’t designed for making better neighbourhoods — it’s designed to treat land value as a way of capturing + extracting wealth ... https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
... (something currently being turbocharged by machine learning and property valuation data).
So instead of the local, adaptable and circular neighbourhoods we need, we get neighbourhoods of extraction, stagnation and loneliness ... “ https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
So instead of the local, adaptable and circular neighbourhoods we need, we get neighbourhoods of extraction, stagnation and loneliness ... “ https://provocations.darkmatterlabs.org/a-smart-commons-528f4e53cec2
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Check out connected work here: https://www.opensystemslab.io/affordableland
