undefined | Better HN

0 pointsendisneigh3y ago0 comments

you make absolutely no sense. the so-called power the NIMBYs have was given to them by the government.

> With a 100% LVT their houses arent worth $3 million theyre worth exactly as much as an equivalent house in Omaha.

and this is just wrong.

0 comments

>the so-called power the NIMBYs have was given to them by the government.

Yeah, I mean the land owners got together and tried to declare a laundromat to be a historic building.

The problem here isnt so much with historic buildings OR the ability of people to club together to save them like you seem to think.

The problem is that a group of landowners abused that process to protect their net worth... which is high thanks to them owning a sliver of very valuable extremely untaxed land in the vicinity.

The more it is taxed the less valuable it is. If it's not valuable any more suddenly they wont give two shits about "historic laundromats".

j / k navigate · click thread line to collapse