Hello everyone and Welcome to another
episode of Selling Greenville your
favorite real estate podcast right here
in lovely Greenville, South Carolina, I'm
your host as always Stan McCune realtor
here in Greenville, South Carolina, and
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today I want to talk about a something
that we've talked about before but that
is really a
a big thing for me something that I'm
very passionate about
and it is nimbyism nimbyism
and some of you
will ultimately already know what this
is and in fact it was a listener to the
show that was the first person I had
ever heard use this term NIMBY or
nimby-ism
because I don't personally use a lot
of slang but this is a now has become
a very commonly used phrase over the
last several years and and it's
worth using and it's worth discussing
and I want to discuss why the nimbies
are wrong and I'm going to Define what
nimbyism is here in just a second but I
just want to kind of set the stage to
begin with
and what that stage is is that
everything these days has gotten
political and real estate is no
exception everything in real estate has
become political and when you're talking
about real estate and politics there is
one group that is by far the loudest
group in the room
when you have a group of political real
estate people
or even just people that are concerned
about real estate in general or
concerned about their house in general
and they have any sorts of political
beliefs at all there is one group that
is louder than the rest and that is the
nimbies what are or who are the nimbies
NIMBY stands for it's an acronym
that stands for not in my backyard not
in my backyard and it refers to an
increasingly large and Powerful group of
people who want to limit and in many
cases stop all development near them
and in some cases they're they're like
anti-development in general but
generally speaking they they're
primarily just concerned about
development near them and so hence the
not in my backyard idea I'm okay with
more houses going up in this part of the
country or in this part of the city or
in this part of the county just don't do
it down the street for me I don't want
it I don't want new housing or new
commercial real estate or new real
estate new development happening in
General near where I live and in an area
like Greenville
the nembis are particularly prominent
due to how much development we've seen
in recent years in Greenville County in
Greenville city and some of the
surrounding counties
we have seen a lot of development
like there's no denying that
and and so as a result that brings the
nimbies out right they are
anti-development they don't even by the
way
NIMBY is is a more derisive term
right they don't identify as nimbies and
a lot of them don't even know what that
acronym stands for but they are
Loosely defined they they all have the
the same mindset and they tend to have
the same way of going about
wanting to change things
so that's why they have been kind of
lumped together as this somewhat
homogeneous group
now I mentioned before on here on the
show that last year's 2022's local
elections were a major win for the
nimbies because they got multiple
anti-development people into Greenville
County Council or at least people that
ran on anti-development platforms and if
you go to a different than if
sorry if you go to a County Council or a
city council or a proposed rezoning
hearing or a meeting you will
sometimes and honestly frequently see
rooms packed with loud angry people
waiting to stop any and all development
near them I've even heard stories of
nimby's mobilizing to follow Pickens
County council members home to harass
them at their homes and in public like
it's they're completely unhinged like
they are so passionate it's almost like
a cultic like passion they're so
passionate about this that there will
going to harass County council members
in a rural County like Pickens
you've never heard anything like this
I've never heard anything like this
people that I know that have been in
politics for decades have not heard of
anything like this so this is a very
very like I said loud group very
passionate group and in my opinion they
are wrong however I do want to say that
they aren't just acting like this for no
reason and I'm going to discuss their
reasons and why I think that their
reasons are wrong
now I'm not saying that all of their
concerns are completely to be thrown
out the window as if they have no
concerns listen one of the things that
we talk about in Greenville all the time
is smart growth right growth has to be
smart obviously you can't just grow at
this exponential Pace forever and not
give thought to what does this mean for
our economy what does this mean for our
infrastructure but the concern that the
nimbies have is that that smart growth
isn't actually happening and on that
point I think we can have a bit of a
disagreement but I'd like to discuss
that's like their broad concern but I
like to discuss some of the specific
concerns that I have with the nimbies
and why I or some of the specific
concerns that The nimbies Have and why I
disagree with them for the most part
on those concerns so let's start with
the one that I hear the most often
we don't this is in quotes we don't want
to be the next Charlotte I can't tell
you how many times I've heard this we
don't want Greenville to turn into the
next Charlotte now this is a legitimate
concern from one standpoint I saw a list
recently that basically found a way to
quantify the most poorly designed cities
in all of the US and Charlotte was the
worst of the worst design cities in the
entire United States
so it's understandable that people would
not want to be like Charlotte which grew
too fast and without a good plan in
place for how to grow smartly but listen
it's not like Charlotte went from a
small Charming City like Greenville to a
large city overnight Charlotte has been
a large city for quite some time what
happened was that Charlotte went from a
medium large city to a really really
large city over the course of several
decades and didn't handle that growth
well this is not what we're seeing
Greenville Greenville is a small City by
every metric about 75 000 is the
population of Greenville city that is a
small City by today's standards by
every metric
and we simply couldn't become a
charlotte-like city anytime soon I mean
look back at Census Data how big was
Charlotte in the 1940s when Charlotte
was way smaller than is now Charlotte
back then had a population of a hundred
thousand which by the way again you have
to compare apples to apples a hundred
thousand population in 1940 is a much
bigger population than it is now right
for a for a city
so that was a a decent sized city
back then and in comparison Greenville
is a city of 75 000 so it's even smaller
than Charlotte was back then and that
was 80 years ago Greenville has a long
way to go before it's going to look like
Charlotte look at the photos of
Charlotte in the 1940s you can you can
Google them and and look them up there's
some cool there's some cool black and
white photography and whatnot from the
40s of Charlotte and you can see right
away that it's bigger than Greenville
looks more comparable to like a
Nashville back in the 1940s and it was
also laid out in a way that really set
it up for a substantial commercial
development just the way it was laid out
you could see okay if they want to
expand this they can very easily whereas
Greenville on the other hand is not set
up this way it would take unbelievably
massive changes to the infrastructure to
see commercial development that's
happened in Charlotte happened in
Greenville
and just to give an example
Greenville is most known for its Main
Street all of downtown Greenville flows
through its main street Charlotte is not
designed that way and so imagine
trying to build up around the the the
downtown Main Street canopy and all of
that like that that's a ludicrous idea
and even if you started to try to expand
out from there again it would be just
the way greenville's laid out I don't
see how it could happen but more
importantly that's just my opinion but
to get to get away from my opinion we
already know what the Greenville City
and Greenville County councils have in
their Master plans and that they aren't
going to allow this type of development
to happen you guys can go look at it
those Master plans are right out there
they are public knowledge they are
public record you can go look at it they
are not planning and not in any way
going to allow a charlotte-like
period of growth over the next few
decades granted the master plan is not
made to go out several decades but but
for the the current term and remember
more people are getting into office that
are nimby's on the local level so
they're certainly not going to create
new master plans that overturn that and
and create less development we are just
not going to see Greenville turn into
Charlotte that's a straw man argument in
my opinion I don't like it
nobody needs to be worried about that
so the long story short
for this argument is that people use
this argument because they found out
that a developer wants to build 250
homes in Simpsonville near their house
and they're like we don't want to be
like Charlotte a developer Building 250
homes in Simpsonville doesn't mean that
Greenville is going to become Charlotte
stop using that argument
I'm fine if you want to have an
argument about smart growth but an
argument like that is a straw man simply
designed to scare people it's
scaremongering it's bad logic don't do
it another major concern that I have is
our infrastructure is crumbling and if
there is one concern that the Nimbus
have that pretty much everyone agrees
with is that infrastructure has
struggled to keep up with developments
particularly and we've talked about this
in the past in Rural and more and lower
income more depressed areas in these
areas we commonly can see issues with
roads with sewer systems with things
like that and so
the compromise that has been
frequently trotted out
is what we call impact fees impact fees
basically when a the developer of a
community pays to improve the
infrastructure in the area that they are
building in infrastructure being
roads being sewer things of that nature
the problem with impact fees because it
sounds good right it sounds good for the
developer to come in and to and to pay
for these things right if they're the
ones that are bringing in this new
housing why don't they help to improve
the infrastructure well
the problem is for me I lean more
libertarian in my belief set and that
actually makes a lot of sense if you're
a Libertarian a fiscal libertarian this
would be a classic fiscal libertarian
solution to this problem but it's not a
perfect solution because what ends up
happening is that the impact fees
obviously increase the cost of building
which then increases the cost of buying
it's not like the developers just absorb
that cost that costs down gets baked
into the price of the development and
guess what if you pull nimby's and we've
done this in Greenville
I can't get into specifics of the
poll because it's off the Record but I
know that it's been done and here's what
happens if you pull them they always say
that housing has gotten too expensive
and that housing affordability is a
major concern for them
but then when you stop the the
building of new housing
which is what they want right they want
to stop developing at in their backyard
and you force those then who are
developing to pay more via these impact
fees guess what that does to housing it
makes the price of housing go up so the
nimbies have have no that they they
can't be happy right because they want
development to slow down or stop
particularly near them but they also
don't want housing to get more expensive
at the rate that it that it's been
growing well guess what you can't have
your cake and eat it
you you have to do one or the other
or you have to come up with more
Creative Solutions and that you just you
talk to them and they don't have those
Creative Solutions I I don't mean to
keep making fun of this this one local
politician but the idea the slogan
that was trotted out last year by one of
them we need more Parks not more
Apartments it that's just that's just
reductionistic that's reducing the
problem down to just way too simple of
an issue it's much more complex than
that
there's also a question of whether it's
fair and Equitable for those who have
lived in an area for a while to get a
free Improvement to their infrastructure
paid for by developers shouldn't
existing homeowners if they're getting
their local infrastructure improved
shouldn't they contribute something
towards that as we are having
governments more concerned about Equity
that is something to be considered
particularly you get developments in
some of these more Rural and lower
income areas that's something that needs
to be balanced out because let's say
that you're having a development that is
trying to offset gentrification that's
trying to allow people that are that are
being forced out of a part of of
Greenville or or Spartanburg or whatever
trying to allow them to stay within
their Community well guess what happens
they're they're being pushed out by
wealthier people right the people that
are causing the gentrification well if
those people that are causing a
gentrification now are saying not in my
backyard I don't want these developments
to happen I don't our infrastructure
is not good well okay I'll allow it as
long as impact fees are being paid by
the by the developers that means that
the wealthier people are now pushing the
cost burden on the poorer people that
already have the issue of gentrification
at their hands so we have an equity
problem in some of these when it
comes to some of these things that a lot
of nimby's a lot of nimbies are social
socially liberal but they don't consider
the implications of of what they're
suggesting of what they're trying to
push through in these County councils
now again I'm not disagreeing with
the infrastructure argument the road
situation in South Carolina is a problem
particularly in these lower income and
rural areas and this is common knowledge
we've done this for quite some time in
fact Nikki Haley who is now running
for president was the governor of South
Carolina introduced a gas tax years ago
I remember getting a postcard in the
mail that said fix our roads gas tax
well then she realized it was a very
unpopular thing and so she completely
reversed course and decided not to do
the gas tax but
and to be completely honest I
just want to say this that could be seen
as flip-flopping and it was
flip-flopping but she actually listened
to her constituents and I did appreciate
that about Nikki Haley was that she did
listen to the concerns that people had
and like her love her hate her
indifferent whatever
I think it's just worth saying that
that was a that was something that for
me I didn't not see that as a flaw with
her I didn't see her as a perfect
Governor by any stretch but I felt like
that was actually a strength of her
Administration not a weakness that's
very much an aside
but the gas tax did end up going
through once Governor McMaster came into
office and again the whole thing was to
fix our roads but guess what it hasn't
worked out super well I I've not heard
anyone that's like oh man look at all
these roads that were fixed by this gas
tax it hasn't happened it just you know
how these taxes work they they end up
not being used the way there's said that
they're going to be used and with
inflation being where it is and gas
being so expensive now nobody is going
to want more gas taxes and and so
again how are we going to improve our
infrastructure people are like well we
only have one choice if we're not going
to raise taxes we're going to tax the
developers with these impact fees I
don't think that those are the only
solutions we have in the past 10 years
all of these new potential revenue
streams for governments open up why not
open up the state for sports gambling
guys it's already happening I don't care
if you have a moral thing against Sports
gambling it is happening under the radar
but the state of South Carolina isn't
getting their cut of it that all of
these other states that have legalized
it are South Carolina is behind in that
why couldn't we allow for for gambling
in the state
and then devote that money towards roads
and towards infrastructure this one's
probably a little more controversial but
I'll mention anyway why not weed right I
told you I was libertarian
I don't do weed myself personally but
I don't see you know they the all of
the negative press that it got for all
of those decades back in the day so much
of it ended up just being propaganda it
ended up being wrong and you can go back
and look at that yourself but people are
smoking weed you can smell it everywhere
and I'm not just saying in Greenville
I've been in other parts of South
Carolina been in North Carolina and
Georgia Tennessee you go anywhere you
smell weed people are smoking it
illegally in the state why not make it a
regulated industry and maybe you put
limitations on it but again there are
revenue streams that could come into the
state that because South Carolina is
just a bit more old school they aren't
they aren't accepting those and so
everyone is just thinking too much in
this box of and not thinking outside the
box and thinking okay well we have only
one solution here and that is that we
need to make developers pay impact fees
not a fan if we have these other options
at our disposal
and we can potentially employ those
things so that the cost of housing
doesn't continue to go up at the rate
that it is
okay as you can tell I'm passionate
about this I'm getting my I'm
starting to feel my voice getting
scratchy but I'm not done I got more to
go here, okay
I said I wasn't gonna make fun of this
again because I've mentioned this
before on my podcast but
I've got to bring it up again
another concern we need more Parks not
more Apartments as I mentioned before
this was a campaign slogan by someone
who was elected to Greenville County
Council
and it couldn't be further from the
truth in my opinion as housing has
increased so has the cost to rent in
Greenville County the cost to rent has
gone up dramatically in recent years and
it might not make sense to someone who
has been a homeowner for a long time or
someone who comes from a background of
privilege but more apartments are
necessary to keep the cost of rent in
check it that is just the way it is that
is how we're able to keep rent in check
is by having apartments that helps to
keep rent from getting out of control in
an area with regard to Parks look we all
like Parks Greenville County is unique
because within and near Greenville city
there are a bunch of parks
north of Greenville there's Paris
Mountain State Park that's really our
only state park in the area south of
Greenville is Lake conestee nature
preserve a great free park to walk
around
that I highly recommend to
people if they want a more flat area to
to walk around it also connects with the
swamp rabbit biking trail
and of course we've got falls
park right in Greenville city right
in the heart of downtown the the
the apple of our eye when it comes to
Greenville what everyone thinks of when
they think of Greenville is Falls Park
but people in rural areas they're
just never going to have as much access
to park I don't Parks I don't care what
you say If you think we need more Parks
the people in rural areas aren't going
to get them like Greenville city has
them why because the people in the rural
areas have more land their lots are
larger and when lots are larger Parks
become less feasible to build how are
you going to build a park when everyone
in the area owns multiple Acres or maybe
even
half acre 0.75 acre lots you just look
at the if you look at the Lots in these
rural areas you realize there's just not
public land to build on to to create a
park
and there has to be public land for it
to happen
and most of the public land in
Greenville County is in city limits so
that's just the reality of the situation
greenville's done a great job of using
undevelopable land to put these parks in
it's really fantastic like Lake
conestee Nature Preserve for instance
you could not use that land for anything
because of the flooding in that area so
let's turn it into a really cool area to
walk around in and enjoy the the water
of that area so
it's just unique once you get into
these rural areas
you're not going to have more Parks
in the in the more urban areas and in
some of the Suburban areas you do have
them but you need more apartments in
those areas and and what I think really
think people are saying when they say
that they are concerned about too many
apartments is that they don't want more
Neighbors
and I get it okay it's particularly hard
for those who lived in what was a rural
area for so long is that just
Simpsonville for instance Simpsonville
was rural for so long Five Forks was
rural for so long
Greer was rural for so long not
career City but the areas of around
the the more the the areas further away
from downtown Greer
more rural for a long time people had
you know potentially great views of a
lake or or great mature trees around
them and that eventually all changed due
to the developments moving in
but development is about the future the
nimbes although they will make their
claims acting as if they are concerned
about the future are primarily focused
on the now they are not thinking about
the future we're having people moving to
Greenville at an unprecedented rate and
again where do they live
do we want more homeless
I don't think the nimbies want more
homeless the nimbies have already said
that they don't want the the cost of
housing to go up well guess what when
demand increases and Supply doesn't
increase prices go up and so that's
exactly what we're seeing
but I also think that they're just
wrong about what ends up happening in in
the instance where we have these big
developments happening I think they just
only see what they've heard these awful
stories about what it's like having you
know a big neighborhood near them
a big neighborhood is being built down
the street from where I used to live and
there was a massive backlash against the
the people that sold that land to that
developer I mean it took forever tons of
hearings for it to finally get approved
and it was approved against a lot of
vocal nimby's going to those meetings
and packing out standing room only in
some instances in those meetings even
friends of mine who aren't normally
politically active went to those
meetings to protest the development it
was shocking
non-political people got political just
to oppose development in their backyard
and guess what it happened it got
approved and the the developer had to
rework the roads to make the development
work and guess what now the main road
that cuts through that area is so much
nicer and substantially better for the
traffic than than what was there before
this is what I'm saying they improved
the infrastructure
and that those people they're never
going to have issues with those
neighbors if anything probably now
they'll see more better stores and
better commercial development popping up
in areas more accessible to them that
won't hurt them in any way it's not
going to be clearing out for us or you
know causing them to not have a lake
view or whatever the case may be it's
going to just make the area a lot better
and so the nimbies are wrong
and in the end I think we need to
consider a few things before we let our
emotions get the best of us particularly
if you're tempted with the the sin of
nimbyism
not a sin but I'm gonna call it a sin
it's a real estate sin okay we need to
consider
a few things first off what will the
next Generation our children
be able to afford what will they
actually be able to afford from a
housing standpoint in 2007 the price per
square foot was
84.76 with a median sales price of a
hundred and fifty one thousand five
hundred dollars in the final six months
of 2022 the median price per square foot
was
168.91 almost exactly double okay in 15
years and the median sales price was
more than double 342 700.
so from a price per square foot
standpoint over a 15-year span we saw a
200 percent increase even though the
Great Recession was right in the middle
of that I think it's important just to
just to caveat that but we saw a 200
increase
if prices increase 200 in the next 15
years then the average price per square
foot in 2038 will be
337.82 that's a luxury home in
Greenville currently 337 dollars a
square foot that's the luxury home by
current standards
and I mentioned that wages
haven't kept up with those increases the
median U.S wages in 2007 this is in in
the US
was 36 000
per household and the median in 2022
was 56 000 per household
nowhere near the the 200 increase
that housing saw during that period of
time in the Greenville area and I'm if I
pulled the media in South Carolina wages
between those two time periods I
wouldn't be surprised if the increase
was even less for South Carolina
so how will our kids afford housing the
only way is if we build more to increase
Supply and slow the price increases of
housing
listen housing is going to continue to
increase in our area because demand is
going to continue to increase but we
need to slow it down it can't be
increasing at this exponential rate
and the there's really a simple solution
you need to build you increase the
supply to offset the increase in demand
secondly when do you think ethically and
morally here as well I've already
alluded to this a little bit
in this show and I've talked in
previous episodes about how zoning has a
racist history the concept of zoning in
cities and counties is inherently racist
now I know that nowadays it's not
said to be used for racist reasons but
historically speaking it was used for
racist reasons to keep white and black
people segregated
well again the nimbies are oftentimes
socially liberal although they're not
limited to that
but the nimbys might not realize it
but when they push develop developments
out developers tend to then target areas
that won't push back as much right the
developers know that there's a market
they want to build
and and they need to build right for the
reasons I've already outlined and so
they get pushed out of a wealthy area
that has the ability to push them out
that has the sway with local politicians
to do that that understand this the
process and that are able to find ways
and and pull the right levers to get
that developer to to give up and to to
move out
well the developer moves on to where
what do you think where do you think the
developer then decides to Target they
decide to Target the areas that won't
push back as much guess what those areas
are they tend to be areas that don't
have as much money and so and because
the the people that aren't as wealthy
the the poorer population they don't
have the resources to push back they
don't even understand to pushback it's
just not a concern for them to this
whole idea of nimbyism like they have
much bigger concerns than that and so
what ends up happening is that
developers typically pushed out from
wealthier areas into lower income areas
and then the Fallout from this Dynamic
can result in functionally
socio-economic segregation
we're having the wealthy people pushing
out development into the poor areas
forcing poor people to continue to live
among poor people right because that's
what these developments then are are
ending up being used for is Workforce
housing and things like that and so we
result in de facto segregation happening
and I think honestly if you really
dissect it while a lot of people don't
want more neighbors is that they don't
want and I'm I'm not using this
terminology I'm saying from their
perspective they don't want the riffraff
to be around them they're concerned at
what these new neighbors are going to be
that they're not going to be the the
same quality neighbor as them again
that's not my perspective that's what
I'm saying that that a lot of these
wealthy nimbies are concerned about is
that they don't want what they perceive
to be riffraff to be near them
and that's a a major major problem at
the heart of this and so we're seeing
those racist zoning Roots rearing their
ugly head back when it comes to people
stonewalling developments
and by the way
you know it's also worth mentioning
that then when developers do end up in
these lower income areas
there might not be the the pushback
with regard to infrastructure and I and
I'm not saying that developers aren't
without their flaws
if developers aren't going to be
forced to help the the infrastructure
they're not going to do it
and these are areas that are
typically already neglected from a tax
dollar standpoint so something has to be
done
and so you do get more of these
developments without the infrastructure
improvements oftentimes and so it's
disproportionately hurting those with
a a socioeconomic status that is not
at the level of those that stonewalled
the developments in their wealthy
neighborhoods or in their wealthy parts
of the upstate
now
I do want to say I'm not saying that
everyone who opposes a development is a
racist okay I'm not saying that you guys
know that that is not my Mo
but we need to consider the consequences
of our actions and the stances that we
take we just need to consider that and
I'm not saying that every development
needs to occur to be approved not saying
that either
we we shouldn't just automatically just
say okay
Ryan Holmes wants to build a new
development okay do it approve it drb
wants to wants to do a new development
okay let it go through no there needs
there does need to be smart growth but
people that are just opposing anything
in their backyard
they need to consider the
consequences of their actions might
actually not look much different than
what the consequences of blatant racists
that that put in zoning laws to create
redlining greater segregation and things
of of that nature
not the heart but the consequences and
the consequences are still important so
in the end I believe the arguments that
the nimbys make are wrong and
short-sighted that is my personal
opinion I've argued against several of
their arguments I know that there are
more arguments this wasn't an exhaustive
list but at the same time
if you are anti-development particularly
in your area I'm still willing to talk
to you about it I'm not going to call
you names
I'm going to have a respectful argument
I'm willing to discuss it let's have a
conversation about it let's talk about
it hit me up and you can because my
contact information is in the show notes
you like that transition pretty good
my contact information is in the show
notes you can hit me up to discuss that
to discuss any of your real estate needs
because I'm a realtor here and I like to
help people find homes in the Greenville
area so please let me know if you're
listening to the show or watching it on
YouTube please do whatever you can do by
means of liking it subscribing leaving a
rating leaving a review do all of those
things hey I appreciate you guys
listening if you've gotten to the end of
this give yourself a hand this was
this is a very nice episode not
everyone's going to listen to this but I
appreciate you guys listening thank
you stay safe we will talk again next time
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