Re:More housing near the Expo Line and other California tran...
by dragonwriter on Thursday January 04, 2018 @07:04PM
(#16075310)
> The developer (aka, the best party to judge flows of money and profitability) wants housing, the nimby residents say no.
The developer is the best party to judge the flow of money into their pockets from initial sale of the property, but not the long-term flow of costs and benefits of development, which they give fuck-all about since it doesn't effect them. Cities are concerned with balancing tax revenue vs. ongoing service costs (and, yes, with political concerns of voters like NIMBYism, but those thingd aren't entirely unrelated to each other.)
The developer is the best party to judge the flow of money into their pockets from initial sale of the property, but not the long-term flow of costs and benefits of development, which they give fuck-all about since it doesn't effect them. Cities are concerned with balancing tax revenue vs. ongoing service costs (and, yes, with political concerns of voters like NIMBYism, but those thingd aren't entirely unrelated to each other.)