3 ms·
It's pretty easy to understand locals' opposition. More people => more congestion. More housing supply => lower property values (at least at first). It doesn't
by ryanianian 7y ago
It's pretty easy to understand locals' opposition. More people => more congestion. More housing supply => lower property values (at least at first). It doesn't matter if the housing is on what used to be a parking lot it's still more people and housing supply. (You can argue that NIMBYism is selfish and short-sighted but that doesn't mean it's irrational in the economist sense.)
- m463 7y agoMaybe someone could bore tunnels underground to alleviate traffic problems.