4 ms·
NIMBYs are incentivized to restrict zoning to preserve the value of their capital.
by idle_zealot 3y ago
NIMBYs are incentivized to restrict zoning to preserve the value of their capital.
- BenFranklin100 3y agoYou’re equivocating on the terms ‘capital’ — the monetary assets required for a business to provide goods and services— and a ‘capitalist system’ — an economic system in which the means of production and distribution are privately owned. Neither of these terms have much to do with restrictive zoning. A more precise statement is that NIMBYs support public municipal regulations that preserve and/or increase the value of their private assets, i.e. homes.