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> makes everyone in the area more wealthy

I'm as yimby as they come, but I'm not sure this is true for everyone. It does mean that the local burger joint can charge more for hamburgers and that the line cooks can plausibly negotiate for higher pay. But its a pretty strong statement that this is true for everyone.

> real estate monopolies

In what areas are even 25% of residences owned by a single entity? In what areas are 25% of rental residences being offered by a single entity?

> People complain about the lack of affordable housing, yet building new residential areas is a tapestry of red tape.

True




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