2 ms·
the economics are there for every city. Who's going to let housing be built if it devalues the houses they own?
by 8note 5y ago
the economics are there for every city.
Who's going to let housing be built if it devalues the houses they own?
- novok 5y agoWhen their property taxes go up a large amount too. Prop 13 in California is a key thing cited as why NIMBYism is stronger than usual, because current entrenched residents don't feel the pain of their behavior. Gov'ts also do not willingly pass something like prop 13 themselves, because they don't like to limit their ability to tax.