Could YIMBY be the New Nimby? #realestate #asset #investment #homeownership

Source:  Builder Magazine

Young adults are forming a new movement known as YIMBY - "yes in my backyard" - as they advocate for more affordable housing in their communities.

Young adults reportedly are turning out in bigger numbers to zoning, planning, town, and city board meetings to advocate for more affordable housing in their districts.  Activist groups are gaining momentum, particularly in markets that have faced surging rental costs and home prices in the last few years.

The housing industry expects the YIMBY movement to get louder as millennial advocates seek housing solutions to the affordability problem and beyond.

Now, though, builders and developers find themselves new allies of convenience, a new and progressively powerful force of people, who themselves are changing the narrative.  Young voters, mostly renters who fear that if they don't speak up and act now in support of more plentiful, more attainable housing, they're going to have to move out.

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