3min chapter

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#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism

The Tim Ferriss Show

CHAPTER

What the Hell Is Nimby Imby?

Housing scarcety is bad. And essentially ote this is like this intera city kind of thing. Now, what leads to this dispute is that the nimbes have. They own houses and their property values go up if they can constrain supply while demand remains constant. By driving away demand, it's something whereing the long term, it's detroitfying the city. You know, tekis leaving. It's happened naturally, with such a limited inventory,. mad, especially for a city of that size, right? Yea. The rebuttl to this is, oh, that place sucks. It's too crowded and the food sucks. That seems

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