[woah]

Wait.. so you are just opposed to people having somewhere to live? You’re saying that more apartments on the market makes prices higher? I don’t think I’m going to be able to follow the logic here.

The problem with the “try to understand NIMBYs” concern trolling in this thread is that there isn’t much to understand. The only common thread in NIMBY philosophy is fear of change, and some mild xenophobia.

I think there’s a lot more common ground to be had with far-left PHIMBYs who want the government to build most housing. At least that’s a coherent philosophy and a proposed solution.

[exterrestrial]

When investors buy property, they almost always intend to raise it’s value to increase their profit. That’s how this works. They very often tear down affordable units and build luxury ones, because the YIMBY policies peculiarly never take issue with that.

Realize most property and real estate appreciates in market value on it’s own. This makes spec construction viable, and is why most new apartment buildings in expensive cities are ”luxury” units and rented for very high rates. The owners are happy to let them sit empty and starve the market to max out demand when they know there is enough jobs in the area that people are competing heavily to move there.