
Local officials in San Francisco denied a sound building project due to angst over Donald Trump's election and the persuasion of a Bernie Sanders sock puppet. Nimbys oppose new developments for two reasons. First, they don't want to deal with more people in their neighborhoods and on their streets, and second, they don't want competing housing supply on the market that would prevent the value of their house from inflating further. Since opposing new development carries no cost, and since killing new development brings rewards, the incentive is to oppose -- and nimbys no longer feel shame for this behavior. California NIMBYs don’t love their children. If they did, they would at least support enough new development to accommodate their…[READ MORE]