NIMBYs vs. YIMBYs: The Epic Battle
Key Points:
– NIMBYs (Not In My Backyard) resist new housing developments in their communities
– YIMBYs (Yes In My Backyard) advocate for more housing to address the crisis
– Tension between the two groups has intensified in recent years
– Housing crisis gaining momentum due to lack of new developments
– Long-standing struggle impacting the current state of the housing market
From quirky NIMBYs shouting, “Not in my backyard!” to eager YIMBYs counteracting with, “Yes in my backyard!”, it seems like we’re in the midst of a real estate soap opera. The intense standoff between these two groups has left us in a housing crisis deeper than the Mariana Trench. Will they kiss and makeup or leave us all in a housing market meltdown? Stay tuned for the next episode of NIMBYs vs. YIMBYs!Original article: https://www.biggerpockets.com/blog/how-the-nimby-movement-helped-create-the-affordable-housing-crisis


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