Tag Archives: YIMBY

deregulated housing bills, Housing, Politics

YIMBY Want to Raise Your Rent

By Marc Salomon : counterpunch – excerpt

Over the past decade, a new political formation has arisen in the US, the YIMBY which stands for “Yes In My Backyard.” YIMBY posit themselves as the antithesis of the NIMBY, “Not In My Backyard,” a constructed political bogey person, who YIMBY claim are responsible for the high cost of housing in the US. Starting in the Bay Area, the YIMBY movement has rapidly expanded to cities nationwide and attracted more funding.

Hardly a spontaneous phenomenon, YIMBY are the latest in a long line of housing and real estate booster political operations that seek favorable regulatory consideration from local governments that have historically regulated land use. From the media campaigns to encourage families to move from the cities to suburban sprawl after WWII to local real estate funded booster organizations that pushed “Transit Oriented Development” in the 2000s, such operators have continually repped for developers. There has always been some background level of pro-development organizing in play…

YIMBY are different, however. As a product of the post-1999/2000 deregulation of Wall Street era, the marriage of funding liberated by deregulation plus a libertarian capitalist housing supply side dogmatism has produced a message that is appealing if only for its simplicity: upzone the cities, deregulate land use approvals, relieve developers of carrying their freight through impact fees and housing prices will fall…

CoreySmith, executive director of the longstanding residential developer booster organization, The Housing Action Coalition, showed YIMBY’s hand at a San Francisco Planning Commission meeting earlier this year:..[when he state] “One of the challenges we face in San Francisco is we need the rent to go back up.”.

It is so refreshing to hear YIMBYs say this stuff out loud. Private developers have no plan for building new housing when rents actually go down. [as they have lately]…

In truth, in order to spur more development, lenders need to see housing prices increase before taking the risk to commit capital to development. Housing production only occurs when housing prices rise. Housing prices only rise during the second half of the up phase of the business cycle when greed eclipses fear.

This shows that the YIMBY are but developer lobbyists who demand housing at all costs, costs which are to be extracted from tenants through higher rents…

There might be good reasons for desirable cities facing torrential demand to entitle some market rate housing. Adding supply to push down price is not one of them. Instead of responding to the flood of shit, YIMBY are best contested by community based grassroots organizing for self determination in comprehensive, not lobbyist directed, land use planning.

The antidote to the shitstorm is “YIMBY want to raise your rents.”

Marc Salomon is a co-founder of the San Francisco Community Land Trust…(more)

CEQA, Housing, Politics

The Yimbys think they rule—but there are some serious signs to the contrary

By Zelda Bronstein : 48hills – excerpt

The case against the case against “The Case Against Yimbyism.”

Are the wheels starting to come off the Yimby bandwagon?

The question may seem absurd. Last December, Yimbys took over the Bay Chapter of the Sierra Club, which for the first time endorsed CEQA-hating Scott Wiener. In late February, Yimbys closed out their 2024 annual conference, an event that attracted 600 “red” and “blue” attendees and garnered coverage hailing the movement’s growing bipartisan support.

The Biden administration’s 2024 Economic Report of the President, released on March 24, claims that “zoning reform” will increase the supply of affordable housing and cites as a model, among other examples, California’s RHNA process. Meanwhile, the Yimby mystique continues to enthrall the California Legislature, as indicated by the Terner Center’s survey of current “pro-housing” bills, whose targets include development impact fees and environmental protections for the California coast…

Arizona Governor Katie Hobbs (Dem) vetoes a major Yimby bill…According to Hobbs’ office, the Department of Defense and the Professional Fire Fighters Association of Arizona asked her to veto the bill. “These groups,” wrote Barchenger, “cited concerns about development in noisy or ‘accident potential zones’ near Arizona’s military installations, and difficulty in responding to emergencies if density is increased, respectively.”…

The New Republic publishes an attack on Yimbyism… Moreover, “[Yimbys] are…explicit that deregulation won’t help those at the bottom of the market.”…

“Social” housing with profitability…Contra Friedrich, Resnikoff maintains that “Yimbys support a mix of [market and non-market policies.” For example, California Yimby “has sponsored social housing legislation,” specifically Alex Lee’s failed 2022 bill AB 2053…

But the real thrust of AB 2053, as Calvin Welch has explained, was to create a state agency, the California Housing Authority, “able to overrule or ignore local housing policy and issue debt for new housing construction.” As stated in the bill, the agency’s “core mission” was “to produce and acquire social housing developments for the purpose of eliminating the gap between housing production and regional housing needs assessment targets and to preserve affordable housing.”…(more)

This is only a taste of what the article covers. Please read the entire article and spread the message far and wide that the grass is not greener in San Francisco and we are not beating to a WIMBY drum. The results of gentrification and densification have lead San Francisco into debt, not glory. Our future lies in a strong pivot back to our strong historic neighborhood roots. We must save what is left of the heart and soul of San Francisco. As President Peskin said, “We do not have to destroy San Francisco to save it.” Fortunately many of our mayoral candidates agree with that sentiment.

deregulated housing bills, Housing

Are yimbys the new progressives? Only in a bizarre Wonderland

By Calvin Welch : 48hills – excerpt

The supporters of the ‘build-at-all-costs’ position ignore a half-century of history and the realities of the modern housing market

“Why, sometimes I’ve believed as many as six impossible things before breakfast.”

–The Queen of Hearts, in Alice’s Adventures in Wonderland

San Francisco yimbys have now declared themselves “as progressive as it gets” in the welcoming pages of the San Francisco Chronicle.  Claiming Rep. Alexandria Ocasio-Cortez as one of their own, they are now, the article claims, engaged in “fighting inequality to protect the most vulnerable.”

Well, not really, actually, fighting but certainly “advancing progressive …policy goals.” The piece, by Bilal Mahmood, who ran for state Assembly in 2022 and lost, explains that in the future will protect the most vulnerable that remain.

What are these yimby “policy goals” and just how progressive are they?..(more)

The more you look under the covers the more obvious it becomes that the entire YIMBY plot traces its linage to the deepest darkest least transparent source of deceptive promulgation of untruths, baked into an insidious plot to spin a web of confusion around the facts. We have the documentation to prove it, but, who wants to see?