4 ms·
They're actually operating in a way that is very profitable to them. If you own property- a house or business real estate- you want a moratorium on new supply.
by MCRed 11y ago
They're actually operating in a way that is very profitable to them. If you own property- a house or business real estate- you want a moratorium on new supply. Because not giving new supply will cause the value of your current property to go up. Of course its an "anti-affordable housing" position... but it's not insane.
The anti-development types are taking a very profitable position for themselves.