BasilExposition75 t1_jc24hsd wrote

Well, considering those "assets" are really just IOUs from the taxpayer, who is already on the hook if SS goes belly up, I am not sure this graph is really a good interpretation of reality.

It isn't like they have a stock portfolio for this-- it is treasuries. The money has been spent already.

And look at when those assets were acquired. We just saw a huge bank fail because they were holding treasuries with low interest rates. With treasury rates around 4% or higher, we should probably discount some of that asset line.


BasilExposition75 t1_j8s9ukw wrote

I am on board with having dense housing within 1/2 mile of each MBTA station. What we don't need is MBTA communities including towns which don't have a train. That means more cars. No reason to build an apartment building in Sherborn and adding 100 cars to backroads.


BasilExposition75 t1_j6jqxb1 wrote

I am not arguing that zoning is never used irresponsibly. It surely is.

Does your lot have town water and sewage? Gas? If there is town sewage. I don't know about the infrastructure, but I imagine an accessory might not impact the infrastructure in you area. If everyone on your street did, it might require a major overhaul. That is a decision that needs to be made at the local level.

My section of town has wells. A newer subdivision installed 10 wells some years back and everyone else's wells went dry. Now, our zoning requires subdivisions to have on shared well with an impact study done prior. The state rules would allow developers to skip that.

I hear what you are saying, but zoning laws are often there for a reason and it isn't usually to keep people out.


BasilExposition75 t1_j6jflnu wrote

It really isn't lack of demand that is the issue. I am sure 2000 people would love to get into the Dover/Sherborn school system. You drop a big development into these smaller towns, the school system might not have enough seats.

There are other issues at play here. Transportation and infrastructure need to be considered. Not every street in every town has city water/sewage/gas. Not every town has public transportation and sidewalks. Each town is unique and has their own sets of challenges, thus why we have local zoning.