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Slate Money
Money Talks: The NIMBY Catch-22
Jun 11, 2024
Jerusalem Demsas from The Atlantic discusses NIMBY mindset, challenges in real estate development, and the trade-offs for affordable housing with Felix Salmon. They explore the impact of luxury condos, rising house prices post-disasters, and the unexpected rise in Millennial home ownership rates.
40:10
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Quick takeaways
- NIMBY mentality hinders affordable housing by resisting high-density developments.
- Gentrification causes cultural shifts and community tensions in neighborhoods.
Deep dives
Housing Crisis in Northern California
The discussion delves into the housing crisis in Northern California, particularly focusing on the NIMBY versus YIMBY conflict. The conversation highlights the challenges around balancing conservation of beautiful spots with the need for high-density, transit-rich neighborhoods to address housing demand. San Francisco's low-rise zoning and the difficulty in getting new housing developments approved are emphasized as key factors contributing to exorbitant housing prices.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode