The skyscrapers that NIMBYs and zoning couldn't stop
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The skyscrapers that NIMBYs and zoning couldn't stop
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What would you build on a piece of land when all the normal rules go out the window?
On today’s show, how the Squamish Nation reclaimed a sliver of prime urban real estate and were liberated from zoning restrictions, to the consternation of their wealthy NIMBY neighbors.
We trace the 100 year saga of what might be the most interesting real estate development in North America right now: There’s a violent eviction, a tense legal battle, and a giant, tough decision for the Squamish Nation that culminates in the daring project that they’re building today.
It’s a story with lessons for every city trying to lower housing costs and build more.
This episode is adapted from Planet Money: A Guide To The Economic Forces That Shape Your Life. Pre-order before April 7 and you can get a poster. Details here.
The working paper we mentioned on “ready-to-issue” permits in Los Angeles.
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This episode was produced by Sam Yellowhorse Kesler with an assist from Emma Peaslee. It was edited by Jess Jiang, fact-checked by Sierra Juarez and engineered by Cena Loffredo. Alex Goldmark is Planet Money’s executive producer.
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