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Alex Maiassi

๐Ÿ‘ค Speaker
120 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

Wilson Williams remembers those conversations.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

He was in his early 20s at the time.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

So this is the idea that you should be stewards of the land so that it can keep providing for your children and your children's children and, you know, your children's children's children.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

It's a kind of popular idea in a lot of indigenous cultures.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

This idea about providing for the future made Wilson think twice about Chief Gibby's proposal.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

And the second problem was that the whole plan also seemed kind of small.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

Like, a few mid-rise buildings weren't going to bring in the kind of profit that would change the future of the Squamish nation.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

Yeah, in Vancouver, like in most cities in North America, there are zoning laws that limit what you're allowed to build on any given piece of land.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

At the time, more than half the land in Vancouver was restricted to single-family homes.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

There were also laws regulating lot sizes and requiring a minimum number of parking spaces, all of which make it hard to build dense neighborhoods.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

Wilson felt that putting mid-rise apartments on this land would be squandering a huge opportunity.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

And he was not alone.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

In the end, those initial plans never moved forward.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

By then, Vancouver had become one of the most expensive cities in the world.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

Rents had gone bonkers.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

And that's because Vancouver is surrounded by water.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

So to build more housing, the city had to build up.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

But they couldn't build up because of all the zoning laws.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

In Vancouver, those laws were contributing to a housing crisis.

Planet Money
The skyscrapers that NIMBYs and zoning couldn't stop

Yeah, it was a true opportunity.