[Durham INC] Fw: Bloomberg News on how well loosening regulations is working

[tom miller]

Profit profit profit.  See today's N&O

 

From: INC-list <inc-list-bounces at lists.deltaforce.net> On Behalf Of Pat
Carstensen
Sent: Friday, April 21, 2023 5:46 PM
To: inc listserv <inc-list at lists.deltaforce.net>
Subject: [Durham INC] Fw: Bloomberg News on how well loosening regulations
is working

 

 

  _____  

From: colonywoodsnc at googlegroups.com <mailto:colonywoodsnc at googlegroups.com>
<colonywoodsnc at googlegroups.com <mailto:colonywoodsnc at googlegroups.com> > on
behalf of Pat Carstensen <pats1717 at hotmail.com <mailto:pats1717 at hotmail.com>
>
Sent: Friday, April 21, 2023 5:42 PM
To: colony woods group <colonywoodsnc at googlegroups.com
<mailto:colonywoodsnc at googlegroups.com> >
Subject: [ColonyWoodsNC] Bloomberg News on how well loosening regulations is
working 

 

I want to move into the apartment they describe in  Austin

 

https://www.bloomberg.com/news/features/2023-04-21/luxury-apartment-boom-pus
hes-out-affordable-housing-in-austin-texas

 

Inconveniently for the Yimbys, Austin, like other cities, is still way more
expensive than it was years ago, even though it's built so many apartments.
As a result, a small group of academics is starting to question the
free-market path. These critics note that the market leads developers to
build luxury housing on scarce and sought-after property to maximize the
return on their investment. "Yimbys say, 'We have to let the market build,'
" says  <https://wilder.vcu.edu/people/faculty/benjamin-teresa.html>
Benjamin Teresa, an urban planning scholar at Virginia Commonwealth
University. "But what kind of housing are you building, and for whom?"

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