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Money Talks: The NIMBY Catch-22

Slate Money

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Impact of Luxury Condos on Property Values and Rent Appreciation

The chapter explores the effects of building new luxury condos on surrounding property values and rent appreciation, with a focus on studies in New Zealand, San Francisco, Finland, Boston, and New York City. It also discusses a natural experiment in New Zealand's population distribution that sheds light on preferences for different regions like Christchurch.

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