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Different types of capitalists, however, make different demands on the state. Industrial landholders reject environmentally strenuous zoning that restricts the location of their operations in the city; real estate capitalists would welcome such regulations because pollution diminishes their property values. Industrial capitalists might demand affordable housing for their workforce in order to stave off demands for raises; real estate capitalists would object to any constraint on their ability to maximize rental or sale profits.

—p.30 The Rise of the Real Estate State (13) missing author 3 years, 11 months ago