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by credit_guy
3531 days ago
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An economic solution to nimbyism is bribe: as a developer give everyone within one block of your proposed site $200 per month, within 2 block $100 per month, etc, and see how many people vote against your development. Of course, you can structure it as property tax reduction for your friendly neighbors, and find a catchy name for it, like "externality tax abatement" (anyone interested in a kickstarter idea? just kiding) |
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I think there's merit in this, but when you expand it to the bigger problem of the landed and the landless, you see how it fails to scale: a Coasean solution to landlessness is equivalent to a Coasean solution to slavery-- but slaves can't exactly afford to buy themselves out of their situation...