The New York Times editorial board has published on op-ed in support of Mayor Bill de Blasio's ambitious targets for affordable housing in New York City over the next ten years.
After citing recent examples of local opposition to housing projects (and with Mayor Bill de Blasio's $41 billion affordable housing plan as a backdrop), the op-ed sums up its YIMBY ("Yes in My Back Yard") politics with the following:
"Nimbyism has its place — when the offending structures are illegal toxic-waste dumps or brothels. But with the housing need so dire in New York City, a more farsighted and flexible approach to change is called for. The city needs to grow, which means growing (literally) up. The way to get units built now, in quantity, for low- and middle-income families is by inducing the private market to supply it. And that means cutting deals with developers. The rich will get richer, but the poor will get apartments."
FULL STORY: Yes to Housing in Our Backyards
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