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Mar 07, 2009
Ryan Avent Would Like a Piece of Your Backyard
My favorite blogger economist scoffs at his fellow Brookland residents who doubt the small area plan and comes up with a genius way to capitalize on their misconceptions: “[I]s there a market for NIMBY insurance? That is, I’d love to collect tiny premiums from residents looking at potential development near their homes, in exchange for which I’d take responsibility for the change in value of their home relative to homes outside of the directly affected…