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Simple summary of YIMBY and NIMBY platforms: YIMBY: Build more housing and higher density in desirable places (places next to transit, places close to work). T

Simple summary of YIMBY and NIMBY platforms: YIMBY: Build more housing and higher density in desirable places (places next to transit, places close to work). This will raise rents in areas that are more desirable (to market rates) and lower rents overall as there is more supply in the city. This will also deplete supply of rent-controlled buildings as it becomes profitable to demolish old buildings. NIMBY: Preserve the right of people already living in a neighborhood to continue living there. Obviously as a "desirable" area gets more residents and buildings, it will displace some existing residents. Keep in mind this doesn't specifically mean poor people (it is not a requirement to be poor to get rent control), but inevitably some of those residents will not be wealthy enough to continue staying in the same area due to simply market dynamics. They most likely will have to move to a slightly less desirable area. But since more housing is built, they most likely will not have to move that far. While new developments will cater to the higher income people, older housing will be vacated for lower income people. The problem is without letting the market build housing where it makes senses (economically), which is in desirable areas, housing doesn't get built at all. Overall this hurts the whole economy as it increases average housing prices everywhere (while lowering average housing prices in desirable places), and makes it hard for people that weren't lucky enough to be in an area to have affordable housing.

Decade 9y ago
> YIMBY: Build more housing and higher density in desirable places (places next to transit, places close to work). This will raise rents in areas that are more desirable (to market rates) and lower rents overall as there is more supply in the city. Not entirely true. New units would cause rents to rise if rent has been kept artificially low by rent control, but for the last 23 years a California law has prevented vacant units from being rent controlled: Even rent-controlled units are market rate if you are trying to move to a new home. https://la.curbed.com/2018/1/12/16883276/rent-control-california-costa-hawkins-explained https://la.curbed.com/2018/1/12/16883276/rent-control-califo... But building higher density is inherently how you get lower rents when land is restricted. http://marketurbanism.com/2018/02/05/density-working-poor-outbid-rich-urban-land/ http://marketurbanism.com/2018/02/05/density-working-poor-ou...
- chrischen 9y ago
  Yes YIMBYism will cause rents in certain places with artificially suppressed rent to rise, but otherwise generally reduce rents. In SF there's a lot of resistance since this would also cause landlords to tear down and rebuild otherwise rent-controlled units. > Even rent-controlled units are market rate if you are trying to move to a new home. And this is one of the primary holes in how "rent control" helps the poor. It just helps a lucky few (for no specific good reason).

Decade 9y ago

> YIMBY: Build more housing and higher density in desirable places (places next to transit, places close to work). This will raise rents in areas that are more desirable (to market rates) and lower rents overall as there is more supply in the city. Not entirely true. New units would cause rents to rise if rent has been kept artificially low by rent control, but for the last 23 years a California law has prevented vacant units from being rent controlled: Even rent-controlled units are market rate if you are trying to move to a new home. https://la.curbed.com/2018/1/12/16883276/rent-control-california-costa-hawkins-explained https://la.curbed.com/2018/1/12/16883276/rent-control-califo... But building higher density is inherently how you get lower rents when land is restricted. http://marketurbanism.com/2018/02/05/density-working-poor-outbid-rich-urban-land/ http://marketurbanism.com/2018/02/05/density-working-poor-ou...

chrischen 9y ago
Yes YIMBYism will cause rents in certain places with artificially suppressed rent to rise, but otherwise generally reduce rents. In SF there's a lot of resistance since this would also cause landlords to tear down and rebuild otherwise rent-controlled units. > Even rent-controlled units are market rate if you are trying to move to a new home. And this is one of the primary holes in how "rent control" helps the poor. It just helps a lucky few (for no specific good reason).