NIMBYs Are Not Selfish
theguardian.com
theguardian.com
I’m baffled by people who believe the law of supply and demand doesn’t apply to housing.
They even openly state that certain types of houses are immune to the law of supply and demand.
Secondly the whole point of nimby is “my backyard”, how important is that black poplar really? It’s not. If it were 5 miles down the road the residents wouldn’t care. They don’t vote green, they all support more house building elsewhere at almost any cost.
Developers are often terrible, but it’s a government policy created issue that housing is terrible in the uk.
1. Is it really the case? I don't expect developers to build something they cannot sell.
2. If someone buys such houses they are probably moving out from cheaper houses/flats which become available on market.
Unless houses stay empty (e. g. as an investment or a vacation house used for a fraction of a year) any new development should help to alleviate housing crisis.
The main scenario I can imagine is if builders are operating psychotically, due to external incentives (corruption, poorly incentivized regulations, inability to build in more optimal locations/configurations)
Alternatively the price/cost ratio for luxury homes greatly exceeds lower-cost homes (and a single luxury unit probably takes longer to build than x low-cost homes, so it doesn’t free up as much supply as you might hope). But you’d also expect such a market gap to be immediately identified and exploited.
But yeah you’d normally expect construction to be self-correcting, because they want to get paid.
Yeah, I suspect regulations play a role. There seems to be a lot of weird (IMHO) regulations when building new homes in the US. Size of house/yard, number of parking lots, size of road, et.c. This probably removes the variability for the developers.
Note: I am not American nor a housing expert, so I might be talking out of my arse.
I'd love to see a better policy around making new housing developments require better public transport routes or space for shops/offices. The vast majority of the newer estates around me (North Scotland) require a car or a rather long walk just to get to a shop.
Yea i don't quite understand how that be.
Your comment seems reasonable to me but is down-voted here. So i guess we are missing something here.
It results in sprawl, car dependence, inefficiency, reduced access to jobs/retail/parks. Regardless of intention, selfish or not, I can’t imagine worse results for the environment and our cities.