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by grafmax
315 days ago
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Unfortunately deregulating them will do much the same. BlackRock promotes YIMBY because that will allow it to expand its rental property portfolio, effectively generating new cashflows from the poor and middle class to wealthy asset owners. In fact deregulation/regulation is a false choice. Cashflow should go in the opposite direction by raises taxing on the wealthy (including real estate investments) and building public housing. |
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Sprawl chews up more and more farmland and forest, lengthens commutes, increases congestion. There's enough subdivisions and single family neighborhoods already.