CDs vs. NIMBY (betonit.ai)
happytoexplain an hour ago
GaryBluto 40 minutes ago
thewebguyd 30 minutes ago
Freezing the SFH neighborhood also doesn't protect the community long term, as NIMBYs believe. When supply gets restricted, prices go up. It prices out the local teachers, service workers, aging family, and even the NIMBY's own children get priced out, until now it's just a neighborhood of million dollar+ SFHs with no young families, no local workforce. It's economic segregation.
Continuing to allow local vetoes and restrictive zoning just pushes us out further and further into unsustainable suburban sprawl, without the transit to match, and boosting emissions.
Not popular in individualistic America, but when we have the housing crisis we do, the needs of the many are going to have to take priority over the needs of the few NIMBYs.
kurthr 2 minutes ago
This is how it's done in the rest of the world, certainly Korea, Japan, and China. I see this in England and France as well. They develop a high density area with new facilities that can grow and evolve for how people want to live there, rather than mowing down houses (in communities of color) or plopping 5-7 story apartments without parking or parks right next to single story SFH, as developers like to do in the US.
I assume it's because it's more profitable for the developers. They don't have to build anything, but the part they can immediately sell, and they ride on the value of the neighborhood created by the people who already live there. I think some infill near commercial districts or malls also faces much less "NIMBY" criticism.
To give a more personal example: I like the location and view of where you live. I like the plants you water, and you keep the house looking clean. I want to just build another large room on top of your house, where me and a bunch of friends will live. We'll just share the stairs, hallways, and front door, and of course our share of the water and electric bill. We probably won't be too loud most nights, and usually when friends come over they won't use your bathroom or take anything from your rooms, or at least we'll ask them not to. Sorry about the construction noise while we do it, and just think you'll get to meet so many new people! Sorry that the part of your house you still own will be worth less than your neighbors when we're done, but that's the price you need to pay for living in a nice place and keeping it up.
The argument that SFH infrastructure repair is subsidized by new building is a much better one. Of course that was true of the tax increases and subsidy of the original town, when the SFH were built as well.
bwhiting2356 an hour ago
Higher density brings both good and bad:
upside: - high paying, specialized jobs - specialized, high quality services - stores open late - better dating (more fish in the sea)
downside: - more traffic - more noise - more pollution - more anonymity, crime (people in small towns leave their doors unlocked and say hi on the sidewalk)
The people who benefit most from higher density tend to be young professionals, which tend to not currently live in the neighborhood and will move in if density goes up.
pydry 32 minutes ago
NIMByism can be killed with a land value tax/a property tax that approximates LVT and vice versa.
It was kicked into overdrive in California thanks to prop 13 which capped property taxes.
bwhiting2356 7 minutes ago
jakintosh 5 minutes ago
tl;dr: “while demand remains steady” is doing a lot of heavy lifting that doesn’t really make sense in a real dynamic urban system.
kstrauser 23 minutes ago
This contradicts every common theory of economics I've heard.
bwhiting2356 4 minutes ago
stephen_cagle 22 minutes ago
happytoexplain 17 minutes ago
More saliently, I don't believe you're right that "young professionals" only want to live in dense areas. Sometimes they have to, but that's something we can change.
abeppu 44 minutes ago
Umm, what? If you start with "If this all sounds like wishful thinking", maybe departing into even more unhinged fantasy isn't the next step that helps you? The supposition that _deregulation_ could cause the price to go to zero is crazy; houses are built with labor using materials, on land. In the absence of regulation they shouldn't cost significantly _more_ than their labor+materials+land value, but they shouldn't cost _zero_. If you wanted the world where you don't pay for housing, I think you need a _lot_ of regulation -- after all building millions of Stalin blocks took a lot of intervention.
Throughout the piece, Caplan seems to assume that the only impact of regulation worth discussing is on prices, which seems suspect. But assuming that the only source of prices is regulation is worse.
If you think that NIMBY policies are ultimately harmful, maybe the only thing rougher than talking to NIMBYs is seeing a supposed expert try to argue against them but do it really really badly.
cyberax 37 minutes ago
I don't care. I want to live in my house, not sell it.
bcftbca an hour ago
this is a shitty article with no understanding of reality