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Psychology of Previous Investment

Why Kunstler’s notion is a misnomer in our modern society.

March 31, 2008

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Bikable Buses: It's great to be able to take you bike on the bus.

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Cities, A Modern Future: Poverty and a lack of incentives destroy our cities...

Demolish the Howe Library, Save Troy City Hall !: We should be fair in evaluating old buildings.

Economic Development: The fabled search for new employers can be troublesome.

Eminent Domain Can Be Good for All: Government needs the power to be able to build great things private or public.

Fires in California: We need wild fires, but when we get too close to nature we may get burned.

More Then $4.2k for Each Albany Resident: That's how much debt the city now has out.

Regionalization: There are two sides to getting governments to work together.

Speeding: It's dangerous, unneccessary, wastes fuel, and kills.

Suburban Life: Not As Evil As Seems: Andrew ponders over a couple of aspects over suburbs and wonders if they are the great evil we sometimes make them out to be.

The Roundabout Review: A look at the new Sligerlands Bypass and it's roundabouts.

The State Butterfly: Politics, Elementary Schools Students, and making the Karner Blue a state symbol.

Two Sides of the Big Cities: Some more reflections on the big city lifestyle.

Psychology of Previous Investment

James Howard Kunstler frequently likes to refer to this term in his interviews and publications as the reason why people refuse to give up the vision of suburban sprawl in society. He argues that people feel as though we’ve invested so much in suburbia that they are unlikely to give it up.

I passionately disagree.

The entire notion of suburbia is demolish and build a new, without consideration of existing resources or their benefit. Suburbia is concerned largely about how profits can be maximized in the now, and does not care about the historical value of buildings. If we can better value out of a piece of land by building a high rise or a freeway on it, the suburban answer is, built it.

There is no value to old buildings or structures; if it can be shown that the new is more valuable then what we have invested in the past. Suburbia says that the past must be demolished for the future. Sunk costs don’t count in suburbia, as they are considered relics of the past. The future is what is seen as key in suburbia.

As energy costs continue to increase, and there is a desire for more social cohesion, downtowns will start to boom. We call that gentrification, and it's happening across our country. The farthest out suburbs, not serviced by mass transit, will be the first to see a decline in value. Eventually, distant suburban developments will succumb to other more profitable developments, such as agricultural land.

People can build houses and other structures. They can also demolish them. In the name of progress, large sections of our urban cores where demolished in second half the 20th century, to build superhighways and massive office buildings. There is no reason the same can’t happen to sprawling suburbs if energy prices increase in the 21st century.

Current economics drives development. Cheap energy makes suburban sprawl an economical prospect in the short run. More expensive energy will bring development more towards our urban cores and other places where work is done and profitable activities. It will force farms closer to the city, and make small scale farming that uses less energy more profitable.

People say that development is irrevocable. They say one a shopping center or house is built it will forever remain on that land. Yet, that is an incredibly short sided view of history. Already, many of the shopping centers from the 1950s have been demolished and replaced with other uses. There is no reason why a shopping center could not be demolished to create pasture land for cattle or for growing other crops, if economics demand it.

Development may compact soils, leave them nutrient weak, and leach toxins into the soil. Yet, a site left undisturbed over time will rectify those problems. Humans know how to clean up many messes, and make soils more desirable in accelerated time period. If man can destroy a site, he can with the help of nature, restore back to a state that is close to natural or desirable.

Man once farmed and lived on much more land then he does now. Small scale farms sprawled over many acres of land, which have since revered back to forests. Houses where built, only to be abandoned or demolished, and only leaving the smallest traces of their existence. Mankind will change as economics change.

[Picture]Albany North
From the Downtown Albany Series. Added 7/24/07.

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