3 ms·
This is the first step, the restricted house rules with file lawsuits, appeal, use delaying tactics etc. In truth - builds more, denser housing and prices will
by aurizon 5y ago
This is the first step, the restricted house rules with file lawsuits, appeal, use delaying tactics etc. In truth - builds more, denser housing and prices will indeed go down. A lost of people will find their financial structure is made of sand - they will be paying interest on mortgages worth ~~ twice or anyway, a lot more than their house is worth. Mortgage holders were aware of this, so they built hooks into their mortgages that follow you for life - unless you go bankrupt and the mortgage holders and other debt holders worry at the bones that are left.
Sad, but that is the end case of these nimby policies.