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Old Posted Jul 22, 2017, 11:24 PM
antinimby antinimby is offline
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Join Date: Sep 2006
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These people are stupid and unfortunately there's nobody to educate them. The politicians try to pander instead telling them the truth.

Restricting development and building size and/or height would only lead to faster rising housing costs and gentrification.

Instead of fighting these buildings, they should be asking for developers to build more buildings and include more affordable units in them.

Putting a limit on supply means the poorest will lose out in an economic musical chairs. For example, if there 10 housing units and there are 12 applicants, then the 10 highest income applicants will always end up get those 10 units and the two lowest income applicants lose out. That is the economics of gentrification, simplified.

To fight gentrification, you want more units, not less.
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