The YIMBY (“yes in my backyard”) movement has achieved remarkable growth in the past few years, uniting people across the political spectrum who share a common belief: It should be easy to build more housing. You can find shared interests among unlikely alliances when you step out of political tribes. People who label themselves as socialists and capitalists are standing at town hall podiums to support and promote abundant housing. High fives! Hooray for unity, right? 

Insert record scratch. Socialists and capitalists have economic worldviews that are incompatible with each other. There’s definitely consensus about the ends (plenty of homes), but the means will be hotly debated. The clash was inevitable, and the recent book by Ezra Klein and Derek Thompson, Abundance, has keyboard warriors starting to realize there are a host of competing opinions on how to get past the gatekeepers who would have homes remain scarce. 

You might think something as apolitical as a townhouse wouldn’t be a lightning rod for a populist left-versus-right debate. The reason is economics. Considering the surge in populism in recent years, it’s worth understanding why economics, not “neighborhood character,” is at the heart of the argument.

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