NIMBY Supporters Stall Commercial Development – Saint Index in MBA NewsLink

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Support for new hometown commercial projects increased nearly 10 percent from 2009, but vocal homeowners still resist development in their own communities, MBA NewsLink reported about the latest US Saint Index survey.

While nearly three-quarters of adults opposed new commercial properties in their communities, 70 percent said they supported development based on current economic needs, reporter Michael Murray wrote in the newsletter of the Mortgage Bankers Association.

For the full MBA NewsLink story, click here

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