> It’s the marriage of Wall Street, real estate capital, and urban planning, with politicians—self-described progressives and moderates alike—religiously suppor

> It’s the marriage of Wall Street, real estate capital, and urban planning, with politicians—self-described progressives and moderates alike—religiously supporting tax giveaways and favorable zoning policies for the for-profit developers of real estate. I don't find this analysis - which ignores the low[1] rate of housing construction in NYC and the political role of homeowners wrt zoning and property values - remotely convincing. [1] https://pedestrianobservations.com/2020/03/26/new-york-is-shrinking/ https://pedestrianobservations.com/2020/03/26/new-york-is-sh...