Sunday, March 6, 2011

Problems with NIMBYism

When a NIMBY blocks a development it causes a lot of negative impacts:

-Families are denied housing. Sometimes this means families never even forming in the first place
-All the workmen who would be working buildig the houses, are never hired
-Allt he workmen to build the infrastructure like electricity, water, roads.. never hired.
-Rising prices for existing housing, causing a transfer of wealth from young to old


Less work being done and less wealth for the society, means lower tax revenues and therefore lesser services. For example that workman making good money operating machinery is a net tax payer. On the other hand in NIMBY utopia he is unemployed and collecting benefits. This difference in tax revenues can be used to fund things like libraries or recreation centers.. or Gaelic translators.

To make a long story short, NIMBYism is one of the main, if not the main cause of our economic stagnation.

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