Suburbs are highly subsidized.
The quality of life only seems to outcompete cities because the quality of life in cities is lowered by the car centric culture.
If you want to know how good the QoL in a city can be, you need to visit a European city that is not car centric.
Cars are generally not a mode of transport that makes sense in a city. There are some exceptions, but the vast majority of transportation in a city should be by foot, bicycle or public transport.
That is the case, but banning it just for a few weeks will change that without much disruption.
Most people are aware that Signal exist and switch the moment WhatsApp stops working.
If your bond 10y bond you bought two years ago pays 1.5% and you need to take on a loan at 3.5% for 8 years to be liquid, then you are still around 16% in the red.
You will find that this is also roughly what the market will discount the bonds.
> So the obvious and sensible thing to do is have the government lend money to cover the time until the bonds mature, in addition to using the FDIC's money which did not come from public funds.
The cost of the loans should be in the same ballpark as the losses on the long term bonds.
https://ourworldindata.org/grapher/gdp-per-capita-worldbank?...