Re:Bay Area cities want to end single-family home zoning
by Ericson2314 on Saturday July 03, 2021 @07:11PM
(#27725775)
Sure, they like it when numbers in account books get bigger, but
Why are they NIMBYs when they could make much more money redeveloping their best-positioned neighborhoods as massive apartments they rent out?
Why did they not let wages grow, when the resulting increase in consumption will make them more profit?
If rich people as a class really were interested in max growth, they would have stayed Fordist-Keynesianist, but that did not happen. And indeed growth, while still present, hasn't been what it was in the past.
Why are they NIMBYs when they could make much more money redeveloping their best-positioned neighborhoods as massive apartments they rent out?
Why did they not let wages grow, when the resulting increase in consumption will make them more profit?
If rich people as a class really were interested in max growth, they would have stayed Fordist-Keynesianist, but that did not happen. And indeed growth, while still present, hasn't been what it was in the past.