William H Fischel writes about the Homevoter Hypothesis, but I suspect the motives of NIMBYs may not always be as financial as that. They just want their neighborhood S preserved just as they are. They might actually make MORE money if they sold out for condos or apartments. But “property values” has an appeal to a city government depend…
William H Fischel writes about the Homevoter Hypothesis, but I suspect the motives of NIMBYs may not always be as financial as that. They just want their neighborhood
S preserved just as they are. They might actually make MORE money if they sold out for condos or apartments. But “property values” has an appeal to a city government dependent on property taxes (which, by the way, are a wealth tax, at least for residential)
William H Fischel writes about the Homevoter Hypothesis, but I suspect the motives of NIMBYs may not always be as financial as that. They just want their neighborhood
S preserved just as they are. They might actually make MORE money if they sold out for condos or apartments. But “property values” has an appeal to a city government dependent on property taxes (which, by the way, are a wealth tax, at least for residential)