Hidden Costs of Homeownership: How Zoning, Mortgage Rules Shape Housing Inequality
From Investing.com: 2025-04-30 00:25:00
Ned Resnikoff explores the YIMBY movement and the power dynamics in housing markets in a piece for The Nation. He argues that abundance in housing gives consumers power and addresses power imbalances caused by obstructed markets. Resnikoff discusses the Homevoter Hypothesis, which suggests NIMBYism is driven by homeowners protecting their property values. He reflects on the fluid nature of his views on the hypothesis and proposes an alternative perspective. Resnikoff also delves into how homevoters influenced policies like tightening mortgage access and banning investor homebuyers to control home prices and rents. The piece highlights the consequences of obstructed housing markets and the need for reform.
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