How Not-In-My-Backyard Politics Keep Housing Costs High
Expensive housing in major cities is holding back the American economy because new housing developments commonly spark a big “Not In My Backyard” local backlash. Why can’t new housing overcome the resistance? Katherine Einstein finds that the people who show up to planning meetings where projects are discussed are very unrepresentative. They take advantage of reviews and restrictions to oppose or limit housing development. Michael Hankinson finds that renters, not just homeowners, often oppose new housing development in their neighborhood. Citizens recognize the need for supply but still don’t want affordable housing in their area. Photo credit: Marco Raaphorst by CC by 2.0 https://www.flickr.com/photos/raaphorst/9757222035