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The problem in SF is not that property developers don’t want to build high density housing. It’s local government and NIMBY-ism actively blocking and restrictin
by teej 8y ago
The problem in SF is not that property developers don’t want to build high density housing. It’s local government and NIMBY-ism actively blocking and restricting it.
- denverkarma 8y agoBut also wealthy single family owners being heavily subsidized by prop 13.
- crdoconnor 8y agoIf you were handed a pile of gold wouldn't you try to protect its value? NIMBYism in SF real estate is all about people protecting their $2+ million investments. If the "gold bar" suddenly becomes a major tax liability NIMBYism will dissipate. Building regs are only a small part of the story.