3 ms·
Nimbyism is only a regional factor. I think we agree this is a national conversation.
by bhawks 8y ago
Nimbyism is only a regional factor.
I think we agree this is a national conversation.
- JumpCrisscross 8y agoLocal themes can manifest at scale. Many large cities are affected by generational NIMBYism. That collects to produce a macroeconomic effect.
- bhawks 8y agoBut the data doesn't show that there's a bunch of rich old folks mooching on the labor of everyone else. Basically the median elderly person has enough money to pay off the median house and then nothing else. After a lifetime of work isn't this acceptable? Secondary source: http://cepr.net/blogs/beat-the-press/time-to-bury-pew-report-on-wealth-by-age-group http://cepr.net/blogs/beat-the-press/time-to-bury-pew-report... On mobile otherwise I would link in the primary data.