But yea, I'm sure it's those damn people who like their backyard causing this crisis!!! In my opinion, this anti-NIMBY push is likely supported by these megalithic property owners. They’ve run out of units to buy and can no longer grow their cash flow. The solution to this problem is to take property from existing property owners. Pretty much all legislation in this countries happens with support or approval from corporate interests. It would not surprise me at all to find out corporate interests were the driving force that is compelling the state to override local zoning ordinances.

Another thing to consider is, why is the proposed solution forcing local governments to give up their zoning rights? Why don’t we force real estate investors to give up some of their units so people have a place to live? How can some people own thousands of units before others have even one?

0: https://www.fastcompany.com/90792419/12-mega-landlords-own-m...