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Those policies are an example of the wealthy using the government as a tool to extract rent, hence my comment about unilateral disarmament. While couched in li
by api 11y ago
Those policies are an example of the wealthy using the government as a tool to extract rent, hence my comment about unilateral disarmament.
While couched in liberal or eco-whatever rhetoric, make no mistake about it: SF's NIMBY policies are there so that urban property owners can extract rent and homeowners can profit off appreciation. NIMBYism of this sort is an example of regulatory capture.