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The YIMBYs and Social Capture
According to Putnam, the more we prioritize our private bubbles over public life, the more we disconnect from our local surroundings. This has weakened American democracy. Fewer people are engaged in politics, and those who do are often at the political poles. With less social capital, our neighborhoods are connected by fewer informal, reciprocal... See more
Decentralized, localized power produces less housing because its costs (construction, noise, parking difficulties) are concentrated and its benefits (slower rent growth, faster economic growth) are diffuse. That’s why YIMBY reforms in recent years have sought to move power up to the state level
Jerusalem Demsas from The Argument • Local Control Is Not Democracy
It’s extremely difficult these days for young people to become homeowners. If you have extremely strict zoning laws and restrictions on building more housing, it’s good for the boomers, whose properties keep going up in value, and terrible for the millennials. If you proletarianize the young people, you shouldn’t be surprised if they eventually... See more