NIMBYism: The Most Significant Cultural Threat for our Industry in 2018

Thomas Mielke, London | February 5, 2018

By Thomas Mielke In a meeting with the CEO of a student housing owner-operator just before the holidays, our conversation steered from 'anticipated challenges for 2018' to local politics and frustrations caused by difficulty in getting through planning permission for new-build developments. The conversation reminded me of others that I have had with hotel companies and developers as well as restaurant operators in the recent past – they all referenced the rise of 'NIMBYism' as something that has caused a lot of frustration to them and their companies. NIMBYism is the acronym for 'Not In My Backyard' – a phrase often used by ...