DYSPEPSIA GENERATION

We have seen the future, and it sucks.

LI Dems to councilman: oppose density so we can get reelected

28th November 2010

Read it.

Politics leads to really bizarre behavior.

Not sure how I forgot to include this since it was the whole reason I chose to post it, but the affordable housing is mandated by local inclusionary zoning – no developer would voluntarily seek out below-market rents. So essentially the developer was forced to include “affordable” units, which then became the very reason that the community rejected the proposal.

So developers are required by law to include ‘affordable housing’ (i.e. housing cheap enough for the Underclass in this Crustian neighborhood) and then the NIMBYs oppose the development because it would bring masses of Underclass to their community. The profit potential of real estate development must be truly immense if developers are willing to put up with this horseshit.

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