Real Estate News: Real Estate Investing Podcast

"NIMBYs" Block Multi-Family Housing

05.31.2019 - By Kathy Fettke / RealWealthPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The U.S. needs more rental housing but developers can’t keep up, and there’s a new survey that shows exactly what it is that’s impeding them. According to this survey by the National Apartment Association, there are several barriers to apartment construction but the one that stands out the most is coming from local residents, or NIMBYs -- which stands for “Not in My Backyard.”

www.NewsForInvestors.com

More episodes from Real Estate News: Real Estate Investing Podcast