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I seriously doubt the issue is developer profits, but NIMBYism instead. The backlash to introducing even modest by-right zoning in the UK last year was immense
by xxpor 5y ago
I seriously doubt the issue is developer profits, but NIMBYism instead.
The backlash to introducing even modest by-right zoning in the UK last year was immense. The UK's housing regulatory scheme is somehow even worse than California's, it's just that the demand isn't as high and so the crisis isn't as acute.... yet.
- bennyp101 5y agoDeveloper profits as in, there is more to made developing on green, than there is developing brown. There definitely is NIMBYism, but I'd say taht at least half the time there is a valid reason for it - usually the infrastructure is not going to cope with the developments, but then that is always promised to come after, you know, once they run out of money ;)
- throwaway1777 5y agoThey’re surely not running out of money.