5 ms·
I guess they're tired of having to pay people more just so the peninsula's NIMBY landed gentry can extract it all.
by zjp 3y ago
I guess they're tired of having to pay people more just so the peninsula's NIMBY landed gentry can extract it all.
- mmastrac 3y agoVC feeds money to startups, startups pay huge salaries, salaries go to properties sold by VC, repeat.
- fragmede 3y agoDon't forget the intermediate step: startup employees rent housing in SF, rental income goes to local landlords who bought their property after working for VC backed startups in a previous generation
- ModernMech 3y agoYeah, we got $2 mil for our startup, and I cringe to think how much went to our collective rents and the office rent. Probably a good 80% of that.
- nostromo 3y agoAndreessen is a “yes in your backyard but not in mine” kinda guy. https://fortune.com/2022/08/06/marc-andreessen-billionaire-nimby-yimby-its-time-to-build/ https://fortune.com/2022/08/06/marc-andreessen-billionaire-n...
- spencerchubb 3y ago"yes in your backyard but not in mine" is functionally equivalent to NIMBY.
- deleted 3y ago[deleted]
- deaddodo 3y agoYou literally just rephrased the entire meaning behind NIMBY.
- nostromo 3y agoThe difference being that he proudly proclaimed his support for housing development.
- deaddodo 3y agoI don't think you understand what a NIMBY is. They're fine with housing developments, halfway houses, public works projects, etc as long as they are "not in their backyard". Everything you're saying is 100% compatible with them, and in fact you're describing the exact hypocrisy for which they are labeled "NIMBY". Many are liberals who avowedly support statewide legislation for these things and then make the actual implementation of them impossible by constantly putting up legal red tape around their "backyards". So, to reiterate, you're literally just describing a NIMBY.