• Public Assets.

  • May 22 2024
  • Length: 34 mins
  • Podcast

Public Assets.

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  • Summary

  • As mayor of Salt Lake County a decade ago, Ben McAdams was frustrated that there wasn’t $500,000 in a $1.3 billion annual budget for a promising early childhood education program.

    Not one to permit defeat, he decided to map the value of the city’s underutilized real estate. And that yielded an impressive number: All of a sudden the city had $45 billion on its balance sheet. “I found out there is actually money under our mattress,” Ben says. “It's real estate that is just forgotten.”

    Since then Ben has spent time in politics as mayor, senator and congressman. But now he’s launched an incubator to help cities map their public assets, much like he did a decade ago, providing a path to solve issues that need money - like affordable housing and homelessness.

    Every city should listen in.

    If you'd like to join me in my quest to rethink real estate, there are two simple things you can do. Share this podcast and go to RethinkRealEstateForGood.co where you can subscribe to be the first to hear about my podcasts, blog posts and other goodies.
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