4 ms·
> they know your neighbors will do the dirty work of artificially constraining the housing supply, which makes it a good investment ...until your neighbors are
by zamfi 5y ago
> they know your neighbors will do the dirty work of artificially constraining the housing supply, which makes it a good investment
...until your neighbors are all renters, at which point the tide turns?
- mixmastamyk 5y agoA lot of renters are nimbys as well, due to misconceptions, or other factors such as rent-control affecting their outlook.
- zamfi 5y agoErr…no one wants their neighborhood to suddenly have a bunch of new unknown people in it, right? You don’t have to be a nimby to be concerned about who you live next to. It’s not a “misconception” in that sense, especially if moving is impossible because of rent control, as you mention. Perhaps we need better protections around dealing with insufferable neighbors and other neighborhood changes’ negative impacts, and people will object less?
- mixmastamyk 5y agoI live in a big city, and currently know maybe 1% of the neighbors if lucky. Unknown folks are not a concern.
- zamfi 5y agoI believe you, on the other hand, you’re one data point, and apartment buildings have stricter rules about acceptable activities and behavior (as I propose above). Even in the biggest cities, apartment buildings often have board that approve sales and/or new residents.