The how is pretty easy to answer here. We were content to configure our economy around propping up speculative property dealing as a key money-making sector over everything else. Governments and developers were more than happy to pander to these desires to the point that the rudimentary unit of inhabiting a community is regarded as nothing more than a potential profit-maker, every other material condition be damned. Even worse, we effectively created a system in which speculators were insulated from their wheeling and dealing, leaving the distinction between haves and have-nots stark. And that’s how housing becomes a locus of so much social tension.
chewwydraper on
When the idea of housing is to permanently increase ROI for buyers it always meant that the idea was to screw over the next generation of buyers.
banwoldang on
“It’s likely the knee-jerk opposition to density and development in these neighbourhoods would begin to dissipate if people could trust the changes they are being asked to endure were a direct response to community need rather than opportunistic reactions to market economics.”
HA! Unfortunately NIMBYism does not work that way but it’s a nice thought.
Leave A Reply
Du musst angemeldet sein, um einen Kommentar abzugeben.
3 Kommentare
The how is pretty easy to answer here. We were content to configure our economy around propping up speculative property dealing as a key money-making sector over everything else. Governments and developers were more than happy to pander to these desires to the point that the rudimentary unit of inhabiting a community is regarded as nothing more than a potential profit-maker, every other material condition be damned. Even worse, we effectively created a system in which speculators were insulated from their wheeling and dealing, leaving the distinction between haves and have-nots stark. And that’s how housing becomes a locus of so much social tension.
When the idea of housing is to permanently increase ROI for buyers it always meant that the idea was to screw over the next generation of buyers.
“It’s likely the knee-jerk opposition to density and development in these neighbourhoods would begin to dissipate if people could trust the changes they are being asked to endure were a direct response to community need rather than opportunistic reactions to market economics.”
HA! Unfortunately NIMBYism does not work that way but it’s a nice thought.