Free Enterprise Is Not A Handout

Against a NIMBYism which glorifies rent-seeking

Donald Trump said this recently, on the question of maintaining home values versus promoting housing affordability:

This idea—that building new homes would cause existing homes to decline in value, and therefore reduce the equity of homeowners, is a pretty common one. It’s the basis for the “homevoter hypothesis,” the idea that NIMBYism is largely explai…