A tortured analogy. The concept of `NIMBY === house as investment` is a very common strawman. Believe it or not, most people care about their homes and communities for their intrinsic value, which is where most NIMBYism comes from.
The problem is when every neighborhood is NIMBY, something has to give or the problem will never be solved. At the end of the day, valuing aesthetics, parking, or quiet is a preference. Having shelter near jobs, schools and public transit is human necessity which is what should be prioritized.
Freezing the SFH neighborhood also doesn't protect the community long term, as NIMBYs believe. When supply gets restricted, prices go up. It prices out the local teachers, service workers, aging family, and even the NIMBY's own children get priced out, until now it's just a neighborhood of million dollar+ SFHs with no young families, no local workforce. It's economic segregation.
Continuing to allow local vetoes and restrictive zoning just pushes us out further and further into unsustainable suburban sprawl, without the transit to match, and boosting emissions.
Not popular in individualistic America, but when we have the housing crisis we do, the needs of the many are going to have to take priority over the needs of the few NIMBYs.
I've got to agree there. The whole article had the smell of somebody arguing with themself.
Mmmhmm, and the fact that it results in loads of money in NIMBY pockets at outsiders' expense is purely coincidental?
I don't believe you.