At a point in the real estate cycle when new development is beginning to make a comeback, it should be comforting for the industry to know it may see a reversal of the long-term trend of opposition to new projects commonly known as NIMBY (Not in My Backyard). A recent New York Times article explores the emergence of a YIMBY attitude, as members of the Millennial Generation, such as the profiled New York City-based blogger Nikolai Fedak, show enthusiasm and support for new apartment ...
NREIonline.com Freemium Content
"Is NIMBY Going Away, to be Replaced by YIMBY?" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.