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Has there been a real estate development that you approve of but … Just as long as they don’t build it in your neighbourhood? That’s an example of NIMBYism. What is it exactly? Join Andrew and Morag as they tell you all about it!
There is an interesting phenomenon in China and other places called nail houses. That is when the owner of a house refuses to sell it to a development company, and so the company builds its new project around the house. If ever you see a single house in the middle of a highway or just one house with an entire apartment complex built around it, that’s a nail house! They’re also called holdouts.
Credit: Something Elated by Broke For Free, Let It Go by Scott Dugdale
Image: Fancycrave on Unsplash