It’s a demonized group, yet there are few solutions for the housing shortage that don’t at least partly involve more development.
By Emily Badger | The New York Times
The developers are coming. They’ve got the politicians in their pockets and the gaudy architectural plans in their hands. They will gorge on the entire city. And they won’t stop until peak profit has been wrung from every patch of land.
In Seattle, Austin, New York, Denver, Minneapolis, Washington and the Bay Area, developers are the antiheroes of an urban drama over the high cost of housing and what must change to bring it down.
But their arch-villain status today — merely invoking “developers” can shut down civic debate — deserves scrutiny, for two reasons.