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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal>Profit profit profit. See today’s N&O<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> INC-list <inc-list-bounces@lists.deltaforce.net> <b>On Behalf Of </b>Pat Carstensen<br><b>Sent:</b> Friday, April 21, 2023 5:46 PM<br><b>To:</b> inc listserv <inc-list@lists.deltaforce.net><br><b>Subject:</b> [Durham INC] Fw: Bloomberg News on how well loosening regulations is working<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal><span style='font-size:12.0pt;color:black'><o:p> </o:p></span></p></div><div class=MsoNormal align=center style='text-align:center'><hr size=2 width="98%" align=center></div><div id=divRplyFwdMsg><p class=MsoNormal><b><span style='color:black'>From:</span></b><span style='color:black'> <a href="mailto:colonywoodsnc@googlegroups.com">colonywoodsnc@googlegroups.com</a> <<a href="mailto:colonywoodsnc@googlegroups.com">colonywoodsnc@googlegroups.com</a>> on behalf of Pat Carstensen <<a href="mailto:pats1717@hotmail.com">pats1717@hotmail.com</a>><br><b>Sent:</b> Friday, April 21, 2023 5:42 PM<br><b>To:</b> colony woods group <<a href="mailto:colonywoodsnc@googlegroups.com">colonywoodsnc@googlegroups.com</a>><br><b>Subject:</b> [ColonyWoodsNC] Bloomberg News on how well loosening regulations is working</span> <o:p></o:p></p><div><p class=MsoNormal> <o:p></o:p></p></div></div><div><div><p class=MsoNormal><span style='font-size:12.0pt;color:black'>I want to move into the apartment they describe in Austin<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;color:black'><a href="https://www.bloomberg.com/news/features/2023-04-21/luxury-apartment-boom-pushes-out-affordable-housing-in-austin-texas">https://www.bloomberg.com/news/features/2023-04-21/luxury-apartment-boom-pushes-out-affordable-housing-in-austin-texas</a><o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span class=xcontentpasted1><span style='font-size:15.0pt;font-family:"Georgia",serif;color:black;background:white'>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 </span></span><span style='font-size:12.0pt;color:black'><a href="https://wilder.vcu.edu/people/faculty/benjamin-teresa.html" target="_blank" title="Link to website"><span style='font-size:15.0pt;font-family:"Georgia",serif;border:none windowtext 1.0pt;padding:0in;background:white;text-decoration:none'>Benjamin Teresa</span></a></span><span class=xcontentpasted1><span style='font-size:15.0pt;font-family:"Georgia",serif;color:black;background:white'>, an urban planning scholar at Virginia Commonwealth University. “But what kind of housing are you building, and for whom?”</span></span><span style='font-size:12.0pt;color:black'><o:p></o:p></span></p></div><p class=MsoNormal>-- <br>You received this message because you are subscribed to the Google Groups "Colony Woods NC" group.<br>To unsubscribe from this group and stop receiving emails from it, send an email to <a href="mailto:colonywoodsnc+unsubscribe@googlegroups.com">colonywoodsnc+unsubscribe@googlegroups.com</a>.<br>To view this discussion on the web visit <a href="https://groups.google.com/d/msgid/colonywoodsnc/BL0PR06MB454568E9B4E2FAFE5A1BC7ADD9609%40BL0PR06MB4545.namprd06.prod.outlook.com?utm_medium=email&utm_source=footer">https://groups.google.com/d/msgid/colonywoodsnc/BL0PR06MB454568E9B4E2FAFE5A1BC7ADD9609%40BL0PR06MB4545.namprd06.prod.outlook.com</a>.<o:p></o:p></p></div></div></body></html>