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☆ Canada's First Nations are building the densest neighborhood in the country by reclaiming their ancestral land and defying NIMBYs
▼ + stars: | 2024-03-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

AdvertisementMindy Wight, CEO of the Squamish development group building Sen̓áḵw, called it "the creation of a modern Squamish village" in an interview with Business Insider. Canada's federal auditor general recently condemned a "distressing and persistent pattern of failure" by federal programs designed to support First Nations housing and infrastructure, among other services. The housing projects aren't the only major developments underway on indigenous land in Canada. There are no housing or infrastructure developments on US tribal land that match the scale of the First Nations projects in Canada. While some Native American tribes have spearheaded significant housing projects, most indigenous-owned land in the US isn't in the most valuable housing markets.

Persons: —, it's, Mindy Wight, Sen̓áḵw, Brennan Cook, Cook, Heather, reaps, Elisa Campbell, Jericho, Campbell, Heather Lands, Sen̓áḵw, Gordon Price, Price, Tyler Harper, aren't, Michelle Cyca, Alex Armlovich, Armlovich, Noah Smith Organizations: Service, Nations, First Nations, Business, Nation, MST, Corporation, MST Development Corporation, Vancouver City, Canada Lands Company, Energy, Technologies, British Columbia, CBC Vancouver, Bates, Niskanen Locations: Canada, Vancouver, Squamish, Squamish Nation, Wight, Jericho, British, American, MacLean's, Canadian

☆ The viral 'Twitter menswear guy' just wants an affordable home in a walkable neighborhood
▼ + stars: | 2024-03-16 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

It belongs to San Francisco-based fashion writer Derek Guy, also known as the "Twitter menswear guy" behind the @dieworkwear account. But, increasingly, he's been sounding off on his other passion: affordable housing. "I'm probably never going to be able to afford a home in San Francisco, that's my guess, or anywhere in the Bay Area, unless I move really, really, really far out," he said. But Guy has written about how diversity in cities — made possible by affordable housing — is essential for creative inspiration. How about you put me in the middle of a ton of affordable housing."

Persons: —, you've, Derek Guy, Guy, he's, I'm, Maison, ragamuffins, KP6dM0W62T, derek, Guy's, YIMBYs, we're, Matthew Yglesias, Kate, Kate her, Princess, Wales, Middleton, He's Organizations: Service, Business, Franciscans Locations: San Francisco, Bay, North America, Vietnam, —, Tokyo

☆ An Incredible New Housing Map Could Help Bring Down Home Prices
▼ + stars: | 2024-02-21 | by ( Adam Rogers | ) www.businessinsider.com time to read: +9 min

Which means there are more than 30,000 different sets of zoning rules in America. AdvertisementFor the first time, a team of researchers is compiling every city's zoning rules into a National Zoning Atlas. Cities and towns in both states, they could see, penalize or outright prohibit duplexes and other forms of housing that bring down prices and help prevent urban sprawl. Enacting a more permissive set of zoning rules gave everyone something they wanted. "The state of California has been passing zoning change after zoning change," Freemark says, "but it's still facing low housing construction statewide."

Persons: you've, nix, we'll, Sara Bronin, It's, Bronin, we'd, Kendall Cotton, Lefty, Cotton, Montana, Yonah Freemark, Freemark, Italo, Marco Polo, Kublai Khan, Polo Organizations: America, Zoning, Cornell University, Big Sky, California ., Urban Institute Locations: America, we're, Milford , Connecticut, Montana, California, California . Cities, Los Angeles, Missoula, LA

☆ A 27-year-old Berkeley city council member wanted to build more affordable housing. Relentless harassment from 'left NIMBYs' pushed him to resign.
▼ + stars: | 2024-01-27 | by ( Ayelet Sheffey | Eliza Relman | ) www.businessinsider.com time to read: +7 min

Read previewWhen Rigel Robinson was elected to the Berkeley City Council in 2018 — just months after graduating from UC Berkeley — he was determined to tackle the city's housing crisis as its youngest-ever council member. As an undergrad serving on Berkeley's student government, Robinson grew passionate about building more affordable student housing in the notoriously expensive city. Meanwhile, the university is facing a severe student housing shortage amid a broader affordability crisis. But Robinson's advocacy for housing in People's Park was met with a wave of harassment from residents who wanted to keep the park as is. Earlier this month, the conflict escalated as hundreds of police officers arrested dozens of protesters and cleared tents at People's Park.

Persons: —, Rigel Robinson, Robinson, Gavin Newsom, it's, hasn't, Terry Taplin, he'll, what's Organizations: Service, Berkeley City Council, UC Berkeley —, Business, Economic, Gov, Berkeley, City of Locations: Berkeley, People's, Berkeley's, West Coast, YIMBYs, City, City of Berkeley

☆ America's Zoomtowns Face a Growing Housing, Traffic, Culture Crisis
▼ + stars: | 2024-01-24 | by ( Emily Cataneo | ) www.businessinsider.com time to read: +18 min

We're transitioning from a sleepy capital city into a midsize-to-major city," Jonathan Melton, a member of Raleigh's City Council, told me. The first wants to solve the problem of too little housing by, well, building more housing. But Melton and the YIMBYs' vision rankled some Raleigh residents who eventually started to push back on what they considered extreme pro-development policies. The new buses seem like a great idea, but as with all these changes, residents are worried that the route will have unintended consequences. It's worth noting, too, that most Raleigh residents, even those who oppose the current pace of development, point to some positives.

Persons: Raleigh, I've, Jonathan Melton, Zillow, Raleighites, We're, Frank Hielema, Hayes, Barton, Margie Case, Hayes Barton, Kesha Monk, Monk, who've, she'd, they'd, shudder, Adam Terando, Terando, Melton, that'll, Shaw, she's, Case, there's, There's Organizations: Raleigh's City Council, Council, Raleigh, Public, Shaw University, Raleigh City Council, New, Seaboard Station, Seaboard, City Council Locations: Raleigh , North Carolina, Southern, Wake County, Raleigh, Oaks, Raleigh's, Melton, Hayes Barton, Hayes, Hielema, Biltmore, New York, Los Angeles, San Francisco, Vermont, Austin, Cleveland, Scottsdale , Arizona, Wake, New Bern, downtown Raleigh, New York City, downtown that's

☆ Average homebuyers are beating out Wall Street landlords
▼ + stars: | 2023-11-29 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

The shutdowns of 2020 created a perfect storm for the housing market — and supercharged the clash between Wall Street and regular homebuyers. Given the attention these markets received during the pandemic, it's no wonder that the battle between Wall Street and Main Street became the dominant story of COVID-era homebuying. Advertisement"If Wall Street was really gobbling up Main Street," Sharga told me, "we would see homeownership rates go down." Wall Street landlords have also been increasingly selling off homes to regular people, a Business Insider analysis found. Still circlingWhile average homebuyers have staged a comeback over the past three years, Wall Street isn't ready to jump out of the housing market altogether.

Persons: homebuyers, That's, Wall, elbowed, Rick Sharga, CJ Patrick Company, they're, who've, Axios, Sharga, CoreLogic, Pretium —, John Voorheis, Voorheis, —, Freddie Mac, James Rodriguez Organizations: Rage, Federal Reserve Bank of Philadelphia, Parcl Labs, Labs, National Association of Realtors, Wall Street, Investor, Wall, Tricon, Associates, Investors, Center for Economic Studies, Census Locations: Phoenix, Chicago, homebuilders, homeownership, Dallas, Charlotte, North Carolina, Atlanta

☆ Urban golf courses are making housing more expensive and parks harder to access — and taxpayers are footing the bill
▼ + stars: | 2023-11-05 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

Many states subsidize golf courses with low property taxes, so non-golfers are footing the bill. David Madison/Getty ImagesUrban golf courses also cost taxpayers — even those who don't play — a lot of money. Proponents of retrofitting courses note that reducing the number of golf courses would help boost revenue for courses that do survive. "But then on the flip side, we have these public golf courses that are just these almost vacuous spaces that are quite underutilized." He noted that projects that just involve turning golf courses into parks are often most palatable to neighbors.

Persons: —, they'd, Franciscans who'd, Zach Klein, VDERHLrowD, David Madison, it's, Malcolm Gladwell, Scottie Scheffler, Richard Heathcote, Mitchell Reardon, htpq6Uqx8q — Cork Gaines, Ray Delahanty, Jennifer Keesmaat, Keesmaat, Don, RENE JOHNSTON, Charlie McCabe, he's, Former California Assemblymember Cristina Garcia, McCabe, Reardon Organizations: Urban, Service, Franciscans, Olympic, Getty, Los Angeles Country Club, United, 123rd U.S, YouTube, Center, City, Trust, Public, Denver, Council, Democrat Locations: Presidio, U.S, San Francisco , California, California, San Francisco's, Golden, Beverly Hills, United States, Los Angeles , California, Cities, Florida, Toronto, haven't, Don Valley, Toronto , Ontario, New Orleans, Former California, Los Angeles County

☆ I looked at the plans for the new city proposed by Silicon Valley elites. They're really terrible.
▼ + stars: | 2023-09-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +17 min

Right now, California Forever is just a website with some ideology and a handful of hopeful sketches with a faintly socialist-utopian flair. AdvertisementAdvertisementCities of the future of the pastThe California Forever art illustrations show at a place that'll look startlingly familiar. Point is, the garden city remains a dream honored more in the breach — in pitches like the one for California Forever. Just about 60 miles southeast of the California Forever site is a residential development called Mountain House. It's what plans like California Forever look like when brick starts getting laid.

Persons: Daniel Burnham, Burnham, Marc Andreessen, Chris Dixon, Michael Moritz, Laurene Powell Jobs, Collison, Flannery, Peter Thiel, Goldman, Jan Sramek, Sramek, Ebenezer Howard, Howard, What's, Foreverville, That's, it's, Banks, John Nash's London, what's, It's, Walt Disney, Gabriel Metcalf, BH Bronson Johnson, Dan Parolek, Adam Rogers Organizations: Travis Air Force Base, New York Times, Flannery Associates, Industry, Truman, California, Western Railway, California Forever, St, BH Locations: Chicago, California, Solano County, Sacramento, Solano, Silicon, Los Angeles, England, Japan, New York, Philadelphia, Seaside , Florida, Pontevedra, Spain, Paris, Tempe, doesn't, Foreverville, Pirates, Caribbean, Toronto, Culdesac

☆ YIMBY Movement Is Winning: Build More Houses, Lower Home Prices, Rents
▼ + stars: | 2023-09-07 | by ( Eliza Relman | Kelsey Neubauer | ) www.businessinsider.com time to read: +15 min

The adherents of the "Yes In My Backyard," or YIMBY, movement believe that America's housing crisis comes down to the fundamental tension between supply and demand. Today, nearly 75% of residentially-zoned land in the US is restricted to single-family housing — detached homes designed for one family. Folks are like, 'Oh, we're in a housing crisis for the very first time. Ground zero for the modern YIMBY movement was California, where sky-high home prices forced people to reconsider their attitudes toward development. The city didn't allow new multiunit buildings to be taller or wider than the single-family homes they replaced, making construction less financially attractive to developers.

Persons: Nolan Gray, YIMBYism, Sonja Trauss, Trauss, YIMBYs, NIMBYs, Gray, I'm, —, Bill, They've, Tayfun Coskun, Muhammad Alameldin, Emily Hamilton, We're unwinding, Jenny Schuetz, Greg Gianforte, California YIMBY, Republican Sen, Todd Young, Democratic Sen, Brian Schatz, Eliza Relman, Kelsey Neubauer Organizations: San, San Francisco Bay Area, Urban Institute, Twitter, of Regional Planning, Public, Cato Institute, University of California, Berkeley Terner Center, Housing, George Mason University, Conservative, Brookings Institute, Republican, Todd Young of Indiana, Democratic, Hawaii Locations: California, San Francisco Bay, San Francisco, I'm, Los Angeles County, Florida, Utah, Minneapolis, Oregon, Austin, Dallas, Seattle, Portland , Oregon, Denver, New York, Texas, YIMBYism, We're, Bozeman, Montana, Miami

☆ Build up not out: the high density housing push for Australian cities
▼ + stars: | 2023-08-31 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

Mahendran has joined the Sydney YIMBY (Yes In My Backyard) group, a fledgling grassroots movement seeking higher density housing in opposition to those branded NIMBYs (Not In My Backyard) that fight new and large developments, particularly in gentrified inner-city areas. For a continent as large and sparsely populated as Australia, it is almost counter-intuitive there could be a housing shortage. While the YIMBY movement is in its infancy in Australia, it marks a shift in community attitudes towards development as affordability worsens and a push for shorter commutes and better facilities become features of post-pandemic urban living. "The future is up by way of density," said Liz Allen, a researcher at Australian National University in Canberra. Greater Canberra, the YIMBY group in Canberra, has received support from both Labor and Greens for its push to lift density across the Australian Central Territory.

Persons: Stella Qiu, Mahendran, Sydney YIMBY, Liz Allen, Justin Simon, they've, Simon, Philip Lowe, Lowe, Anthony Albanese, Albanese, Simon Welsh, Lincoln Organizations: REUTERS, Rights, Sydney, New South, New South Wales Productivity, Australian National University, Reuters, Labor, Greens, Australian Central Territory ., Senate, Redbridge, Thomson Locations: Parramatta, Sydney, today's Australia, Australia, New South Wales, Canberra, Greater Canberra, May, Victoria

☆ California found a way to ignore NIMBYs and build more housing
▼ + stars: | 2023-08-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

California may have found an effective model to build affordable housing more quickly. The law applies to all regions of California that haven't met their housing construction targets, which is almost everywhere in the housing-scarce state. Between 2018 and 2021, 156 projects with more than 18,000 units have been approved or are under review under SB 35. SB 35 projects are also exempt from review under the California Environmental Quality Act, further speeding up the approval process. "It'll be catastrophic if it's not extended," Ramie Dare, director of real estate at the non-profit affordable housing developer Mercy Housing California, told the researchers.

Persons: —, Bill, haven't, it's, Caleb Roope, Scott Wiener Organizations: UC Berkeley, Service, Terner Center, Housing Innovation, Bay Area, Pacific Companies, Mercy Housing Locations: California, Wall, Silicon, Bay, Los Angeles County, Mercy Housing California

Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.

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☆ Austin went from a 'weird' oasis to one of the most expensive cities in the US. Now it's fighting runaway housing prices.
▼ + stars: | 2023-07-22 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Austin, Texas has become one of the least affordable cities in the US in part due to steep housing costs. This week, city lawmakers took a significant step toward helping boost housing supply. The city council approved a resolution that reduces the lot size necessary for a home. Research has found that increasing the market-rate housing supply makes housing more affordable for both middle- and low-income residents, despite widespread skepticism that the laws of supply and demand apply to housing. Last year, a Texas appeals court struck down a previous city council effort to increase housing density through upzoning.

Persons: Austin, who've, Leslie Pool Organizations: Service, Apple, Austin Chamber of Commerce Locations: Austin , Texas, Wall, Silicon, Texas, Austin, City, upzoning

☆ Opinion | New York Politicians Are Turning Away From the Housing Crisis
▼ + stars: | 2023-06-04 | by ( Mara Gay | ) www.nytimes.com time to read: +2 min

New York needs that plan, known as the Housing Compact, and hopefully Ms. Hochul can resurrect it over the coming year. In the coming days though, Ms. Hochul, Mr. Heastie and Ms. Stewart-Cousins can at least agree to policies that the governor has called “low-hanging fruit,” some of which could be achieved by executive order. Albany can also remove caps on the size of new residential buildings in New York City, paving the way for the higher density projects the city badly needs. New York City’s municipal government can do this, but it needs Mr. Adams’s help. At the Department of Homeless Services, more and better-trained workers are needed to help shelter residents apply for city housing vouchers, an onerous process that should be streamlined.

Persons: isn’t, Carl Heastie, Andrea Stewart, Cousins, Kathy Hochul, Hochul, Heastie, Stewart, Adams, Adams’s, Dave Giffen Organizations: Gov, City Hall, Legal, Department of Homeless Services, Coalition, Homeless Locations: Albany, New York, New York City

☆ Opinion | Beyond the ‘Matrix’ Theory of the Human Mind
▼ + stars: | 2023-05-28 | by ( Ezra Klein | ) www.nytimes.com time to read: +3 min

“We can produce more information,” Mark said. Our processing capability is the bottleneck.”Email and chat systems like Slack offer useful analogies here. Few have thought through the costs that will impose on those who are supposed to respond to all this new text. Our societywide obsession with speed and efficiency has given us a flawed model of human cognition that I’ve come to think of as the Matrix theory of knowledge. But that misses much of what’s really happening when we spend nine hours reading a biography.

SINGAPORE, May 11 (Reuters) - If the global energy transition is to be delivered in the coming decades, the mining industry believes there is one certainty. One thing most mining and energy transition analysts agree on is that there is currently insufficient copper production to meet anticipated demand as the world moves to electric vehicles and renewable energy technologies. If this is the case, the question is then why the future price of copper is relatively flat relative to the current price. It now takes an average of 23 years from discovery of a copper resource to a producing mine, according to data shown at the conference by Michael Langford, the executive director of consultants Airguide. The industry view is that many of the people demanding an energy transition the loudest are the very same people working hardest to make it virtually impossible to produce the necessary metals.

☆ 6 reasons why moving to Florida can be a major disappointment, from surprisingly high tax bills to severe storms that 'should be an eye opener'
▼ + stars: | 2023-01-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

"The appreciation rates that we've seen in South Florida have been much higher than the national average," Bordenaro said. Newcomers moving to Florida have also been shocked at property tax bills that are higher than they expected, Insider's Kelsey Neubauer reported. Because of rising sea levels, many homes in South Florida are at a higher risk for disaster, which makes it more expensive to insure them. According to Bordenaro, Miami is attempting to alleviate the traffic issue by constructing more lanes and new exits, but the going road work only leads to more traffic. "Depending on where you come from, it can be tough to make friends with the locals," Bordenaro said.

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