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This sort of “efficient markets” claim is fully general: you can use it to discourage any kind of activism. If voters wanted things to be a certain way, they wo
by closeparen 6y ago
This sort of “efficient markets” claim is fully general: you can use it to discourage any kind of activism. If voters wanted things to be a certain way, they would already be that way!
In practice we’re seeing engagement from people who weren’t previously engaged. NIMBYs are more loud and tenacious than they are numerous. Also support from people who perhaps thought (and perhaps still think) that developers are kind of slimy, but are now weighing housing supply effects as well. None of this was happening when only project sponsors and reactionaries cared.
- lazide 6y agoI guess you never heard of the Richmond city manager who got fired? [https://richmondbizsense.com/2021/01/20/richmond-planning-director-olinger-abruptly-resigns-after-decade/ https://richmondbizsense.com/2021/01/20/richmond-planning-di...] Are activists making some inroads? Sure. Things change! The generation with the largest vested interest is dying out and the changes snuck in during the last election that neuters a lot of the longer term prop 13 issues is going to help with some of the transition. I’m looking forward to when it happens. Until one of those 3 items I talk about happens though, it ain’t, and this is still hot air - I’ve been in California nearly 30 years, and this hasn’t changed yet. I’m hoping sometime before 50 it will, but I’m not holding my breath.