[article] Rents Are Falling in Some US Cities, Thanks to New Apartment Construction

www.bloomberg.com

[article] Rents Are Falling in Some US Cities, Thanks to New Apartment Construction

www.bloomberg.com

@Fried_out_KombiM to

Yes in my backyard!English • 1 year ago

Rents Are Falling in Some US Cities, Thanks to New Apartment Construction

www.bloomberg.com

Renters in some of the fastest-growing US cities are finally getting some relief after a few years of dizzying increases as developers roll out droves of new apartments.

YIMBYism works, y’all.

Non-paywall link: https://archive.ph/HLM7s

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In this community, we believe in saying yes to:

Housing
Density
Public transit
Renewable energy
Alternatives to cars

Typical YIMBY policies include:

Elimination of restrictive zoning
Elimination of parking minimums, setback requirements, and other arbitrary density-decreasing deed restrictions
Elimination of Euclidean zoning
Elimination of “inclusionary” zoning
Elimination of undue red tape that gets in the way of new housing and transit development
Establishment of stronger “by right” development
Replacement of property taxes with land value taxes (LVT)
Construction of high-quality public transit w/ transit-oriented development
Road diets, with more space dedicated to bikes and pedestrians and less to driving and parking

Typical housing crisis “solutions” YIMBYs are wary of:

Scapegoating immigrants
Scapegoating airbnb
Scapegoating “foreign investors”
Scapegoating “greedy developers”

YIMBYism transcends the typical left-right political divide; please be respectful of fellow YIMBYs with differing political views. That said, please report anyone saying anything hateful or bigoted.

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