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You are probably just getting too much anti-YIMBY propaganda from the high level overview. The problem is that developers built nearly everybody's home, yet people want to hate developers.

Think about how much money a developer makes on building something, versus how much more money homeowners make by blocking housing, and you'll be astounded. A developer makes 5%-20% returns for a one-time project, that houses people. This is modest versus annual, compounded investment returns 5%-10% for homeowners/landlords, and those unearned profits also continually take homes out of reach of more and more people. So you can see why landlords and homeowners are so anti-developer, because it puts their gravy train at risk.

That sounds like it's "pro-developer" propaganda, but it's actually just anti-NIMBY propaganda. And perhaps they are the same.



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